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H 3824 -	Adds electricity to the definition of alternative fuel

Tracking Level:

Of Interest

Sponsor:

Brandon Newton

Last Action:

5/11/2023 - Senate - Referred to Committee on Finance

House Committee:

Senate Committee:

Fin

Assigned To:

Electric

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Staff Analysis of the Legislation

05.04.2023 The House Ways and Means Committee gave this bill a favorable report.
04.26.2023 The House Ways and Means Sales, Use and Income Tax subcommittee gave this bill a favorable report.
Summary of the bill as introduced: Adds electricity to the definition of alternative fuel for the purposes of an income tax credit equal to 25 percent of the cost of purchasing, constructing and installing the eligible property.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

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Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc