Bill Text: SC S0329 | 2019-2020 | 123rd General Assembly | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft
Bill Title: Tax credits

Spectrum: Bipartisan Bill

Status: (Passed) 2019-06-05 - Act No. 47 [S0329 Detail]

Download: South_Carolina-2019-S0329-Introduced.html


A BILL

TO PROVIDE THAT TAX CREDITS FOR THE PURCHASE OF GEOTHERMAL MACHINERY AND EQUIPMENT SHALL BE REPEALED ON JANUARY 1, 2022.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    SECTION 2.B. of Act 134 of 2016 is amended to read:

"B.    The provisions contained in this section related to geothermal machinery and equipment are repealed January 1, 2019 2022."

SECTION    2.    This act takes effect upon approval by the Governor.

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