Signed into LawFiled Apr 15, 2025
Sponsor: Danny Verdin (R)
Latest Action
Effective date 05/19/26
Jun 5, 2026
Summary
The bill gives South Carolina taxpayers a credit equal to 25% of the cost of buying and installing equipment that turns landfill gas into renewable natural gas for commercial use. The credit is limited to $5 million per year, can be carried forward for 15 years, and may be transferred to another eligible party. It aims to encourage the development of cleaner gas supplies while protecting ratepayers.
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