(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). HISTORY: 2006 Act No. 384, Section 2, eff June 14, 2006.
South Carolina Legal Code