South Carolina H 3812: A HOUSE RESOLUTION TO DECLARE THURSDAY, MARCH 2, 2017, AS "ETIQUETTE DAY IN SOUTH CAROLINA" AND TO COMMEND THE UNIVERSITY OF SOUTH CAROLINA'S EDUCATIONAL TALENT SEARCH PROGRAM AND ITS PARTICIPANTS FOR THEIR OUTSTANDING ACHIEVEMENTS AND PROGRESS IN BECOMING PRODUCTIVE CITIZENS.

Bill Text

2025-2026 Bill 3812 Text of Previous Version (Jan. 30, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3812

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE 
"SOUTH CAROLINA COMMERCIAL PROPERTY ASSESSED CLEAN ENERGY AND RESILIENCE ACT" BY 
ADDING CHAPTER 39 TO TITLE 6 SO AS TO PROVIDE DEFINITIONS, TO CREATE AND ESTABLISH 
THE PROGRAM, TO PROVIDE FOR APPLICATION AND ADMINISTRATION, TO ESTABLISH A 
PROCESS FOR ASSESSING AND COLLECTING LIENS, TO PROVIDE FINANCING, AND TO 
DEVELOP STANDARDS, AMONG OTHER THINGS.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. This act may be cited as the "South Carolina Commercial Property 
Assessed Clean Energy and Resilience Act."

SECTION 2. Title 6 of the S.C. Code is amended by adding:

CHAPTER 39

Commercial Property Assessed Clean Energy and 
Resilience Programs

 Section 
6-39-10. The purpose of this chapter is to authorize the establishment of 
commercial property assessed clean energy and resiliency (C-PACE) programs that 
local governments may voluntarily implement to ensure that owners of 
agricultural, commercial, industrial, and multifamily residential properties 
can obtain low-cost, long-term financing for qualifying improvements by freely 
and willingly agreeing to have an assessment levied on their properties. The 
goals of this authorization are to increase economic development, add jobs, 
increase the sustainability and safety of the building stock, improve disaster 
and emergency response and at no costs to local governments, decrease energy 
and water costs and consumption, and encourage energy and water sustainability.

 Section 
6-39-20. For the purposes of this chapter:

 (1) 
"Assessment" means a non-ad valorem, special assessment against qualifying 
property levied by a local government pursuant to an assessment agreement.

 (2) 
"Assessment agreement" means a written agreement, in the form prescribed by 
each local government, between the applicable local government and the record 
owner setting forth the terms and conditions of the assessment.

 (3) 
"Capital provider" means any of the following:

 (a) 
a private entity that:

 (i) 
has a minimum net worth of five million dollars;

 (ii) 
has either at least three years' experience in commercial lending or an 
executive officer that has a least three years' experience in commercial 
lending; and

 (iii) 
has the ability directly or through a servicer to carry out the bookkeeping and 
customer service necessary to administer the assessment agreements;

 (b) 
a qualified institutional buyer, as defined in Rule 144A (17 C.F.R. 230.144A) 
of the federal Securities Act of 1933 (15 U.S.C. Section 77a, et seq.), as 
amended;

 (c) 
an accredited investor, as defined in Section 501(a)(1), (2), (3), and (7) of 
Regulation D (17 C.F.R. 230. 501(a)(1), (2), (3), and (7)) promulgated under 
the federal Securities Act of 1933 (15 U.S.C. Section 77a, et seq.), as 
amended;

 (d) 
a financial institution, as defined in 18 U.S.C Section 20, as amended;

 (e) 
an insurance company licensed under the laws of any state;

 (f) 
a trustee, custodian, or depositary of a trust or a custodial or depositary 
arrangement, as the case may be, which provides that beneficial ownership of 
interests in the trust or arrangement shall be restricted to persons described 
in items (a), (b), (c), (d), (e), and (g); and

 (g) 
a special purpose entity with respect to which the beneficial owners of equity 
interests or equity securities issued by the entity must be restricted to those 
persons described in items (a), (b), (c), (d), (e), and (f).

 (4) 
"C-PACE" means Commercial Property Assessed Clean Energy.

 (5) 
"C-PACE program" or "program" means a program of a local government established 
under this chapter to provide financing for qualified improvements within a 
PACE area.

 (6) 
"Electrical vehicle charging infrastructure" means any fixture, product, 
system, equipment, device, material, or interacting group intended for the 
installation or upgrade of electrical wiring, outlets, or charging stations to 
charge a motor vehicle that is fully or partially powered by electricity 
including, but not limited to, electrical wiring, outlets, or charging 
stations.

 (7) 
"Energy efficiency measure" means any fixture, equipment, device, product, 
system, material, or interacting group intended to decrease energy consumption 
or utility costs or enable a more efficient use of electricity, natural gas, 
propane, or other forms of energy on real property including, but not limited 
to, all of the following: upgrades to a building envelope, such as insulation 
and glazing; energy efficient windows and doors; improvements in heating, 
ventilation, and cooling systems; automated energy