South Carolina General Assembly
123rd Session, 2019-2020

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Indicates New Matter

H. 4992

STATUS INFORMATION

General Bill
Sponsors: Reps. Ballentine, W. Newton and Herbkersman
Document Path: l:\council\bills\rt\17691sa20.docx

Introduced in the House on January 21, 2020
Currently residing in the House Committee on Ways and Means

Summary: Property tax exemptions

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/21/2020  House   Introduced and read first time (House Journal-page 68)
   1/21/2020  House   Referred to Committee on Ways and Means 
                        (House Journal-page 68)

View the latest legislative information at the website

VERSIONS OF THIS BILL

1/21/2020

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 12-37-220, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO PROPERTY TAX EXEMPTIONS, SO AS TO EXEMPT A RENEWABLE ENERGY RESOURCE PROPERTY HAVING A NAMEPLATE CAPACITY OF AND OPERATING AT NO GREATER THAN TWENTY KILOWATTS.

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

SECTION    1.    Section 12-37-220(B) of the 1976 Code is amended by adding an appropriately numbered item at the end to read:

    "( )    a renewable energy resource property having a nameplate capacity of and operating at no greater than twenty kilowatts, as measured in alternating current. For purposes of this item, 'renewable energy resource' has the same meaning as provided in Section 58-40-10 and includes, but is not limited to, all components that enhance the operational characteristics of the generating equipment, such as an advanced inverter or battery storage device, and equipment required to meet all applicable safety, performance, interconnection, and reliability standards established by the commission, the National Electrical Code, the National Electrical Safety Code, the Institute of Electrical and Electronics Engineers, Underwriters Laboratories, the Federal Energy Regulatory Commission, and any local governing authorities."

SECTION    2.    This act takes effect upon approval by the Governor and applies to property tax years beginning after 2019.

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This web page was last updated on January 27, 2020 at 11:14 AM