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Indicates Matter Stricken
Indicates New Matter
S. 866
STATUS INFORMATION
General Bill
Sponsors: Senators Cromer, Scott, Reese, Verdin, J. Matthews and Nicholson
Document Path: l:\s-res\rwc\006geot.kmm.rwc.docx
Introduced in the Senate on January 9, 2018
Introduced in the House on March 8, 2018
Last Amended on February 13, 2018
Currently residing in the House Committee on Ways and Means
Summary: Act No. 134, Geothermal machinery purchasing
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/9/2018 Senate Introduced and read first time (Senate Journal-page 84) 1/9/2018 Senate Referred to Committee on Finance (Senate Journal-page 84) 2/7/2018 Senate Committee report: Favorable with amendment Finance (Senate Journal-page 31) 2/13/2018 Senate Committee Amendment Adopted (Senate Journal-page 9) 3/1/2018 Senate Read second time (Senate Journal-page 19) 3/1/2018 Senate Roll call Ayes-40 Nays-0 (Senate Journal-page 19) 3/7/2018 Senate Read third time and sent to House (Senate Journal-page 19) 3/8/2018 House Introduced and read first time (House Journal-page 20) 3/8/2018 House Referred to Committee on Ways and Means (House Journal-page 20)
View the latest legislative information at the website
VERSIONS OF THIS BILL
COMMITTEE AMENDMENT ADOPTED
February 13, 2018
S. 866
Introduced by Senators Cromer, Scott, Reese, Verdin, J. Matthews and Nicholson
S. Printed 2/13/18--S.
Read the first time January 9, 2018.
TO PROVIDE THAT TAX CREDITS FOR THE PURCHASE OF GEOTHERMAL MACHINERY AND EQUIPMENT SHALL BE REPEALED ON JANUARY 1, 2029.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Notwithstanding SECTION 2.B. of Act 134 of 2016, the provisions contained in Section 12-6-3587 of the 1976 Code relating to geothermal machinery and equipment are repealed January 1, 2022.
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on March 9, 2018 at 12:12 PM