The Committee on Labor, Commerce and Industry proposes the following amendment (LC-542.PH0002S):

Amend the bill, as and if amended, SECTION 2, by striking Section 6-39-20(3)(d) and inserting:

 (d) a financial institution, as defined in 18 U.S.C Section 20, as amended;  

Amend the bill further, SECTION 2, by striking Sections 6-39-100, 6-39-110, 6-39-120, and 6-39-130 and inserting:

 Section 6-39-100.Qualified improvements must meet all applicable safety, performance, interconnection, and reliability standards established by the Public Service Commission of South Carolina, the National Electrical Code as adopted and modified by the South Carolina Building  Codes Council, the National Electrical Safety Code, the Institute of Electrical and Electronics Engineers, Underwriters Laboratories, the Federal Energy Regulatory Commission, and any other governing authorities with jurisdiction prior to qualifying for financing.

 Section 6-39-110. (A) The provisions of this chapter may not be used to implement qualified improvements that result in the replacement of natural gas appliances or equipment with electric appliances or equipment or that result in the replacement of electric appliances or equipment with natural gas appliances or equipment unless the customer who seeks to install the energy efficiency or conservation measure is being provided electric and natural gas service by the same provider.

 (B) Nothing in this section may allow the resale of electricity.

 Section 6-39-120.Nothing contained in this chapter shall be construed to conflict with Article 23, Chapter 27, Title 58 or Chapters 37, 39, and 40, Title 58.