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H 4992 - Exempts a renewable energy source from property taxes

Tracking Level: Of Interest
Sponsor: Nathan Ballentine (R)
Last Action: 1/21/2020 - House - Referred to Committee on Ways and Means
House Committee: WM
Assigned To:
ElectricNext Bill
UtilitiesNext Bill

Staff Analysis of the Legislation

Summary of the bill as introduced: Exempts a renewable energy source from property taxes if the renewable energy source has a nameplate capacity of and operating at no greater than 20 kilowatts.

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Session 123 - (2019-2020)Printer Friendly
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H 4992 General Bill, By Ballentine, W. Newton and Herbkersman
Summary: Property tax exemptions
    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.
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01/21/20House Introduced and read first time (House Journal-page 68)
01/21/20House Referred to Committee on Ways and Means (House Journal-page 68)



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