S.44 establishes a clear and consistent path for property tax treatment of solar panels and other renewable energy installations, providing an 80% reduction of Fair Market Value for purposes of property tax assessment. The bill also clarifies the current treatment of all residential solar panels as exempt from property tax.
Sponsored by Senator Greg Gregory (R-Lancaster) and Senator Glenn Reese (D-Spartanburg), Senators understood the need to grow our solar market in South Carolina and passed the bill on February 1, 2017 with a vote of 38 to 4. Unfortunately, after passing the Senate, the bill sat in the House Ways and Means Committee until it received a subcommittee hearing on May 2, 2017, at the request of Reps. J. Smith and Loftis. After hours of debate and testimony, Reps. Pitts, White, and Whitmire voted to adjourn debate and kill the bill, with Rep. Anthony as the only voice on the subcommittee who supported solar growth. The bill never progressed out of subcommittee in the House.
- This is a Pro-Conservation Bill.
- The Pro-Conservation Vote was YES for passage of the bill
- The Bill passed the Senate on 2/1/17, but died in House Ways & Means subcommittee.