South Carolina - S 44 - 2017

To amend Section 12?37?220, as amended, Code of Laws of South Carolina, 1976, relating to property tax exemptions, so as to exempt eighty percent of the fair market value of certain distributed energy resources and to exempt the value of renewable energy resource property for residential use.

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Financing and Financial Incentives

Added On: 01-27-2017
Updated On: 07-18-2017
Status: Passed One Chamber
Primary Sponsors: Chauncey K. Gregory (Senate/Republican), Glenn G. Reese (Senate/Democratic)





Companion Bills (1)

Actions (13)

  • 12-13-2016 - Referred to Committee on Finance
  • 12-13-2016 - Prefiled
  • 01-10-2017 - Introduced and read first time
  • 01-10-2017 - Referred to Committee on Finance
  • 01-19-2017 - Committee report: Favorable with amendment Finance
  • 02-01-2017 - Roll call Ayes-38 Nays-4
  • 02-01-2017 - Read second time
  • 02-01-2017 - Amended
  • 02-01-2017 - Committee Amendment Adopted
  • 02-02-2017 - Scrivener's error corrected
  • 02-02-2017 - Read third time and sent to House
  • 02-07-2017 - Referred to Committee on Ways and Means
  • 02-07-2017 - Introduced and read first time

Votes (1)

DateMotion (click for details)ChamberCommitteeYes
Votes
No
Votes
Other
Votes
Passed
02-01-20172nd ReadingSenate3843yes

News (5)

Proposed South Carolina bill to exempt property taxes on renewable-energy projects - PV-Tech
Published by pv-tech.org
Tue, 21 Feb 2017 05:06:48 GMT

A new bill focused on spurring renewable energy within South Carolina has successfully passed through the state senate. The Renewable Energy Economic Development Bill (S.44), would give residential PV owners the opportunity to earn a 100% property ...

NEWS: Billion-dollar solar investment waiting on lawmakers - Statehouse Report
Published by statehousereport.com
Fri, 17 Feb 2017 16:36:24 GMT

The state Senate voted 38-4 on Feb. 7 on a bill (S. 44) that would provide an 80 percent property tax exemption to commercial solar enterprises that invest in South Carolina. The measure would also exempt residential solar investment from property taxes.

South Carolina considers solar property-tax abatement - pv magazine USA (press release) (blog)
Published by pv-magazine-usa.com
Mon, 20 Feb 2017 12:59:18 GMT

“S.44 promotes economic growth and creates the opportunity for numerous renewable energy jobs to South Carolina by lowering property tax hurdles on renewable energy developments in the state” Bret Sowers, chairman of the South Carolina Solar ...

Proposed legislation aims to boost clean energy in South Carolina - Greenville Journal (registration)
Published by greenvillejournal.com
Wed, 15 Feb 2017 16:32:10 GMT

The S.C. Senate has passed a piece of legislation that aims to attract investments to the state's solar industry. Senate members amended and adopted the Renewable Energy Economic Development Bill (S.44) with a 38-4 vote last week. The House Ways and ...

The SC House's Billion-Dollar Solar Opportunity - Clean Energy News (blog)
Published by blog.cleanenergy.org
Mon, 06 Mar 2017 13:11:37 GMT

A bill before the South Carolina House Ways and Means Committee presents a nearly one-and-a-half billion-dollar investment opportunity for the state if it ultimately passes. The Renewable Energy Jobs and Economic Development Bill (S. 44/H. 3079) seeks ...