Abandoned Building Revitalization Credit
Credit based on qualified rehabilitation expenditures
Useful where a mill rehabilitates a qualifying abandoned industrial building; notice must precede expenditures.
Fit 2/3Difficulty 3/3Not refundable
South Carolina
8 programs in the 2026 edition.
View this section in the full 2026 Sourcebook Filter/search South Carolina
8 programs0 refundableEasiest: Capital Investment CreditTop: Equipment, Investment, Jobs
Programs
Capital Investment Credit
0.5% to 2
Directly relevant to mills placing qualified manufacturing and productive equipment in service.
Fit 3/3Difficulty 1/3Not refundable
Employer Child Care Program Credit
50% of eligible child-care startup costs
Forest-products employers establishing or operating qualified child care programs can claim a state credit.
Fit 2/3Difficulty 2/3Not refundable
New Jobs Credit
Per-job amount varies by county
Certain employers creating and maintaining 10+ jobs can receive county-tiered credits.
Fit 2/3Difficulty 2/3Not refundable
Recycling Property Tax Credit
30% of qualifying investment
Only very large qualifying recycling facilities will meet the $150 million investment threshold.
Fit 1/3Difficulty 3/3Not refundable
Research Expenses Credit
5% of South Carolina qualified research expenses
Businesses claiming the federal research credit can claim a South Carolina production, routine quality control and an equipment purchase alone do not qualify.
Fit 2/3Difficulty 1/3Not refundable
Small Business Jobs Credit
Per-job amount varies by county and wages
Businesses with 99 or fewer employees can qualify with as few as two new full-time jobs.
Fit 3/3Difficulty 2/3Not refundable
Solar / Small Hydropower / Geothermal Equipment Credit
25% of qualifying system cost
Potentially relevant to qualifying non-biomass energy systems installed at a mill.
Fit 1/3Difficulty 2/3Not refundable