South Carolina House Bill 4128 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on June 16 2009 - 25% progression, died in committee
Action: 2009-06-16 - Referred to Committee on Ways and Means HJ-71
Pending: House Ways and Means Committee

A BILL TO AMEND SECTION 12-6-3610, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE TAX CREDIT FOR PLACING IN SERVICE PROPERTY USED FOR THE DISTRIBUTION OR DISPENSING OF RENEWABLE FUEL AND THE TAX CREDIT FOR PLACING IN SERVICE A COMMERCIAL FACILITY FOR THE PRODUCTION OF RENEWABLE FUEL, SO AS TO MAKE THE TAX CREDIT FOR PLACING IN SERVICE PROPERTY USED FOR THE DISTRIBUTION OR DISPENSING OF RENEWABLE FUEL APPLICABLE INSTEAD TO ALTERNATIVE FUEL, TO FURTHER DEFINE ALTERNATIVE FUEL FOR PURPOSES OF THE TAX CREDIT, AND TO PERMIT THE ENTIRE CREDIT OR ANY PORTION OF IT TO BE TAKEN IN ONE TAXABLE YEAR.

Make The Tax Credit For Placing In Service Property Used For The Distribution Or Dispensing Of Renewable Fuel Applicable Instead To Alternative Fuel, To Further Define Alternative Fuel For Purposes Of The Tax Credit, And To Permit The Entire Credit Or Any Portion Of It To Be Taken In One Taxable Year.

Rep. Laurie Funderburk [D]

Date	Chamber	Action
2009-06-16		Referred to Committee on Ways and Means HJ-71
2009-06-16		Introduced and read first time HJ-70

Chapter	Article	Section	Citation Type	Statute Text
12	6	3610	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=4128&session=118