A bill intended to reduce regulatory hurdles for solar energy companies that invest in South Carolina has failed to gain traction in the South Carolina Senate. We first blogged about the bill in February, when it was introduced in the House of Representatives. In late February the bill failed to move out of the House Labor, Commerce, and Industry Committee, but proponents introduced it in the Senate in late March, hoping it might have better prospects in that chamber. In late April, however, the Senate’s version of the bill suffered a similar fate, stalling in committee.
South Carolina Introduces Income Tax Credit for Recreational Trail Easements
Effective May 13, 2024, South Carolina has introduced a one-time income tax credit for those who encumber their property with a perpetual recreational trail easement.