The Renewable Energy Property Tax Equality and Solar Jobs Act, S.44, overwhemingly passed the Senate and it must move through the House by May 11th to become law. Take action today to help it move!
This bill establishes a clear and consistent path for property tax treatment of solar panel and other renewable energy installations, providing an 80% reduction of Fair Market Value for purposes of property tax assessment. In addition, it exempts residential solar from property taxes.
If approved, the bill will:
- Attract new clean energy investments in South Carolina
- Make South Carolina a more competitive state in the clean energy economy.
- Bring new jobs to South Carolina
Contact your Representative today and ask them to support Renewable Energy Property Tax Equality and Solar Jobs Bill!