South CarolinaS 0556126th General Assembly (2025-2026)Senate

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 12-6-3830 SO AS TO PROVIDE FOR A TAX CREDIT FOR RENEWABLE NATURAL GAS.

Sponsored By: Daniel B. "Danny" Verdin III (Republican)

Signed by Governor

Summary

Renewable Natural Gas

Personalized for You

How does this bill affect your finances?

Personalize government policy and PRIA will tell you what this bill means for your household, plus every other piece of legislation we track. PRIA reads each provision against your financial profile to show you exactly what matters to your wallet.

Bill Overview

Analyzed Economic Effects

2 provisions identified: 1 benefits, 0 costs, 1 mixed.

Credits can be sold; utilities pass value

You may transfer this tax credit to another taxpayer who can use it. The buyer must follow the same rules. If a regulated utility receives the credit, it must pass the value to customers in its next rate case or as the Public Service Commission directs.

25% tax credit for renewable gas equipment

For taxable years beginning after 2025 and before Tax Year 2030, South Carolina gives a 25% tax credit. It covers equipment used only to collect, process, and move landfill gas into renewable natural gas (90%+ methane) for commercial use. Claim it against state income tax or license fees in the year the equipment is placed in service. Costs must be certified by the State Energy Office; eligible costs include engineering and permitting, but not offsite utility work, land, legal or admin costs, or unrelated pipeline expansion. The credit is capped at $5,000,000 per tax year, is nonrefundable, and unused amounts from credits earned before the end of 2030 carry forward 15 years. Apply to the State Energy Office by January 31 for prior‑year placed‑in‑service equipment; the office must respond within 30 days. If operations stop, commercial production ends, or equipment is removed within five years, you must repay a prorated share of the credit.

Sponsors & Cosponsors

Sponsor

  • Daniel B. "Danny" Verdin III

    Republican • Senate

Cosponsors

There are no cosponsors for this bill.

Roll Call Votes

All Roll Calls

Yes: 136 • No: 17

House vote • 5/13/2026

(Renewable Natural Gas)Passage of Bill

Yes: 95 • No: 16

Senate vote • 4/29/2026

(Renewable Natural Gas)3rd Reading

Yes: 41 • No: 1

Actions Timeline

  1. Effective date 05/19/26

    6/5/2026legislature
  2. Act No. 225

    6/3/2026legislature
  3. Signed By Governor

    5/19/2026Governor
  4. Ratified R 229

    5/15/2026legislature
  5. Concurred in House amendment and enrolled

    5/14/2026Senate
  6. Read third time and returned to Senate with amendments

    5/14/2026House
  7. Roll call Yeas-95 Nays-16

    5/13/2026House
  8. Read second time

    5/13/2026House
  9. Amended

    5/13/2026House
  10. Debate adjourned

    5/12/2026House
  11. Committee report: Favorable Ways and Means

    5/6/2026House
  12. Referred to Committee on Ways and Means

    4/30/2026House
  13. Introduced and read first time

    4/30/2026House
  14. Roll call Ayes-41 Nays-1

    4/29/2026Senate
  15. Read third time and sent to House

    4/29/2026Senate
  16. Amended

    4/29/2026Senate
  17. Committee Amendment Adopted

    4/29/2026Senate
  18. Read second time

    4/28/2026Senate
  19. Committee Amendment Adopted

    4/28/2026Senate
  20. Committee report: Favorable with amendment Finance

    4/15/2026Senate
  21. Referred to Committee on Finance

    4/15/2025Senate
  22. Introduced and read first time

    4/15/2025Senate

Bill Text

Related Bills

Back to State Legislation