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S 0542 - Enacts the SC Commercial Property Assessed Clean Energy and Resilience Act

Tracking Level: Of Interest
Sponsor: Thomas Davis (R)
Last Action: 5/2/2023 - House - Referred to Committee on Labor, Commerce and Industry
Senate Committee: Fin
House Committee: LCI
Assigned To:
EnvironmentNext Bill

Staff Analysis of the Legislation
04.30.2024 The House Labor, Commerce and Industry Committee adjourned debate on this bill.
04.17.2024 The House Labor, Commerce and Industry Business and Commerce subcommittee gave this bill a favorable report as amended. The amendment only makes technical changes.
04.13.2023 The Senate Labor, Commerce and Industry Committee gave this bill a favorable report.
03.29.2023 The Senate Labor, Commerce and Industry Labor and Employment subcommittee gave this bill a favorable report as amended. The amendment deletes a section that is no longer needed.
Summary of the bill as introduced: Establishes the C-PACE program that local governments can voluntarily implement to offer low-cost, long-term financing for qualifying improvements to increase sustainability and decrease energy and water costs.

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Session 125 - (2023-2024)Printer Friendly
(pdf format)
S 0542 General Bill, By Davis
Similar (H 3937)
Summary: Commercial Property Assessed Clean Energy Programs
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SOUTH CAROLINA COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY AND RESILIENCE ACT"; AND BY ADDING CHAPTER 39 TO TITLE 6 SO AS TO PROVIDE DEFINITIONS, CREATE AND ESTABLISH THE PROGRAM, PROVIDE FOR APPLICATION AND ADMINISTRATION, ESTABLISH A PROCESS FOR ASSESSING AND COLLECTING LIENS, PROVIDE FINANCING, AND TO DEVELOP STANDARDS, AMONG OTHER THINGS.
View full text          View Vote History          View Fiscal Impact
02/16/23Senate Introduced and read first time (Senate Journal-page 4)
02/16/23Senate Referred to Committee on Finance (Senate Journal-page 4)
03/16/23Senate Recalled from Committee on Finance (Senate Journal-page 4)
03/16/23Senate Committed to Committee on Labor, Commerce and Industry (Senate Journal-page 4)
04/19/23Senate Committee report: Favorable with amendment Labor, Commerce and Industry (Senate Journal-page 7)
04/21/23 Scrivener's error corrected
04/25/23Senate Committee Amendment Adopted (Senate Journal-page 14)
04/25/23Senate Read second time (Senate Journal-page 14)
04/25/23Senate Roll call Ayes-41 Nays-0 (Senate Journal-page 14)
04/26/23 Scrivener's error corrected
04/26/23Senate Read third time and sent to House (Senate Journal-page 11)
05/02/23House Introduced and read first time (House Journal-page 18)
05/02/23House Referred to Committee on Labor, Commerce and Industry (House Journal-page 18)


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