S.C. sprinkler bill is now law
COLUMBIA, S.C.--A bill that provides tax incentives to homes and businesses that install sprinkler systems became law on June 26 when the South Carolina Legislature voted unanimously to override Gov. Mark SanfordÃ¢â‚¬â„¢s June 11 veto of the bill.
Ã¢â‚¬Å“Participants who put sprinklers in residential or commercial buildings [where they are not required by law] are eligible for a 25 percent tax break from the local government and eligible to get 25 percent of the cost of the system back from the state of South Carolina,Ã¢â‚¬Â said John Reich, South Carolina fire marshal.
Ã¢â‚¬Å“Any time you can save 50 percent on a sprinkler system thatÃ¢â‚¬â„¢s good,Ã¢â‚¬Â he added.
The bill also restricts water purveyors from imposing Ã¢â‚¬Å“unreasonable rates on tap fees and standby fees and it also prohibits the county from assessing the non-required system.Ã¢â‚¬Â
That means that if a business spends $50,000 putting in a sprinkler system, the local government canÃ¢â‚¬â„¢t raise your tax assessment. Ã¢â‚¬Å“Any improvements can not be held against you,Ã¢â‚¬Â Reich said.
Reich said the long legislative process was beneficial because it educated people about sprinklers.