View Amendment Current Amendment: 2 to Bill 3644 Rep. J.R. SMITH proposes the following Amendment No. 2 to H. 3644 (COUNCIL\BBM\3644C005.BBM.HTC13):

Reference is to Printer's Date 4/18/13--H.

Amend the bill, and if amended in SECTION 2, page 3644-3, by striking SECTION 12-6-3588(A) and inserting:

/      (A)      The General Assembly has determined to enact the 'South Carolina Renewable Clean Energy Tax Incentive Program' as contained in this section to encourage business investment that will produce high quality employment opportunities and enhance this State's position as a center for production and use of renewable clean energy products. The program accomplishes this goal by providing tax incentives to companies in the solar, wind, geothermal, hydrogen, energy storage, small modular reactors, and energy efficiency and other renewable energy industries who which are expanding or locating in South Carolina.            /

Amend the bill further, in SECTION 2, page 3644-4, by striking Section 12-6-3588(D)(1) and inserting:

/      (1)      manufacture renewable clean energy systems and or components in South Carolina for solar, wind, geothermal, hydrogen, energy storage, small modular reactors, or energy efficiency or other renewable energy uses in order to be eligible for the tax credit authorized by this section;      /

Renumber sections to conform.
Amend title to conform.

Renumber sections to conform.
Amend title to conform.