Public-domain · open source
OpenJurist

S.C. Code Ann. § 12-6-3589

Tax credit for effluent toxicity testing

Known as the South Carolina Income Tax Act

The act spans §§ 12-6-10 to 12-6-640 (157 sections).

2006 Act No. 384, SECTION 2, eff June 14, 2006.

(A) A manufacturing facility may claim a tax credit equal to twenty-five percent for costs it incurs in complying with whole effluent toxicity testing. The credit is allowed only against taxes imposed by Section 12-6-530. Unused credits may be carried forward for ten years.

(B) For purposes of this section, "manufacturing facility" is as defined in Section 12-6-3360(M)(5).

Official source: South Carolina Legislature. Reproduced from public-domain South Carolina statutes; confirm against the official source for the current text. Not legal advice.