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COMMITTEE AMENDMENT ADOPTED
February 13, 2018
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TO PROVIDE THAT TAX CREDITS FOR THE PURCHASE OF GEOTHERMAL MACHINERY AND EQUIPMENT SHALL BE REPEALED ON JANUARY 1, 2029.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2016, the provisions contained in Section 12-6-3587 of the 1976 Code relating to geothermal machinery and equipment are repealed January 1, 2022.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 February 13, 2018 at 3:37 PM