South Carolina § 6-23-250 - Projects and power as subject to taxation.
Full text of South Carolina South Carolina Code of Laws § 6-23-250 — Projects and power as subject to taxation., with citation guidance and answers to common questions.
§ 6-23-250. Projects and power as subject to taxation.
A project owned by a joint agency shall not be exempt from property taxes or other taxes if applied to the sale of energy; provided, however, that if all or any portion of the joint agency is declared exempt from property taxation then the joint agency shall, in lieu of property taxes, pay to any governmental body authorized to levy property taxes the amount which would be assessed as taxes on real and personal property of a project if such project were subject to valuation and assessment by the respective governmental body authorized to levy property taxes the amount which would be assessed as taxes on real and personal property of a project if such project were subject to valuation and assessment by the respective governmental body. Such payments in lieu of taxes shall be due and shall bear interest if unpaid, as are added to taxes on taxable property in the governmental body. Payments in lieu of taxes if made hereunder shall be treated in the same manner as taxes for purposes of all procedural and substantive provisions of law.
Power and energy sold by a joint agency shall be subject to taxes.
Joint agencies are exempt from the tax imposed pursuant to Section 12-23-10.
HISTORY: 1978 Act No. 473, SECTION 26; 1991 Act No. 171, Part II, SECTION 57A.
Source: official South Carolina text · Last verified 2026-08-27
Frequently Asked Questions About South Carolina § 6-23-250
What does South Carolina Code of Laws § 6-23-250 cover?
Section 6-23-250 ("Projects and power as subject to taxation.") is part of the South Carolina Code of Laws, the codified statutory law of South Carolina. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite South Carolina § 6-23-250?
A common citation format is "South Carolina Code of Laws § 6-23-250" (South Carolina). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of South Carolina law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the South Carolina official source linked on this page or consult a licensed South Carolina attorney.
How does South Carolina § 6-23-250 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in South Carolina can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in South Carolina.