13501350                                        STATE OF SOUTH CAROLINA
                                         DEPARTMENT OF  REVENUE                                  SC SCH.TC-41
                                         RENEWABLE FUEL                                               (Rev. 6/27/12)
                                         FACILITY CREDITS                                                3446
                                         Attach to your Income Tax Return
                                                                                                 20
Name As Shown On Tax Return                                                                      SSN or FEIN

Production property credit

  1.  Enter the amount of production facility credit allocated by the State Energy 
       Office (attach form) ............................…………………………………………………….……   1.  $

  2.  Line 1 divided by 7. This credit must be taken in 7 equal annual installments …………….   2.  $

  3.  Amounts carried forward from prior years ……………………………………………………..   3.  $

  4.  Add lines 2 and 3 …………………………………………………………………………………   4.   $

Distribution and dispensing property credit

  5.  Enter the amount of distribution or dispensing property credit allocated by the State 
       Energy Office (attach form) ...……………………………………………………………………    5.                           $

  6.  Line 5 divided by 3. This credit must be taken in 3 equal annual installments …………….       6.  $

  7.  Amounts carried forward from prior years ……………………………………………………..   7.  $

  8.  Add lines 6 and 7 …………………………………………………………………………………   8.  $

Total credit

9. Add lines 4 and 8 …………………………………………………………………………………   9.                                        $

10.  Enter your current year tax liability …………………………………………………………….. 10.                         $

11.  Enter the lesser of line 9 or line 10. This is your credit for the current year. Enter this 
       amount  on the appropriate tax credit schedule ...…………………….………………………    11.               $

General Instructions

NOTE: The Code section providing these credits was amended effective May 29, 2008.

For property and facilities placed in service after 2006 and before 2020, Code Section 12-6-3610 provides corporate or
individual income tax credits to taxpayers that:

(A) purchase or construct and install and place in service in this State property that is used for distribution or dispensing
renewable fuel at a new or existing commercial fuel distribution or dispensing facility; or

(B) construct and place in service in this State a commercial facility for the production of renewable fuel.

Facility for Production of Renewable Fuel

The amount of credit for constructing and placing in service in this State a commercial facility for the production of
renewable fuel is 25% of the cost to the taxpayer of constructing or renovating a building and equipping the facility for the
purpose of producing renewable fuel. Production of renewable fuel includes intermediate steps such as milling, crushing
and handling of feedstock and the distillation and manufacturing of the final product. 

34461012

A taxpayer may not claim this credit and also claim either the TC-8 Corporate Headquarters Credit or the TC-22 Certified
Historic Structure Credit with respect to the same costs of constructing and installing a facility.

The credit must be taken in 7 equal annual installments beginning with the tax year in which the facility is placed in
service. In any of the 7 years, if the facility is disposed of or taken out of service, the credit expires and the taxpayer may
not use any remaining installment of the credit. An installment may be carried forward for 10 years.

For this credit, “renewable fuel” means liquid nonpetroleum-based fuels that may be placed in motor vehicle fuel tanks
and used as a fuel in a highway vehicle. It includes all forms of fuel commonly or commercially known or sold as biodiesel
and ethanol. 

Property Used for Distribution or Dispensing Renewable Fuel

The amount of credit for purchasing or constructing and installing and placing in service in this State property that is used
for distribution or dispensing renewable fuel at a new or existing commercial fuel distribution or dispensing facility is 25%
of the cost to the taxpayer of purchasing, constructing and installing the property.

Eligible property includes pumps, storage tanks, and related equipment that is directly and exclusively used for
distribution, dispensing or storing renewable fuel. Qualifying equipment used to store, distribute or dispense renewable
fuel must be labeled for this purpose and clearly identified as associated with renewable fuel.

The credit must be taken in 3 equal annual installments beginning with the tax year in which the property is placed in
service. In any of the 3 years, if property directly and exclusively used for distributing, dispensing or storing renewable
fuel is disposed of or taken out of service and not replaced, the credit expires and the taxpayer may not use any
remaining installment of the credit. An installment of credit may be carried forward for 10 years.

For this credit, “renewable fuel” means E70 or greater ethanol fuel dispensed at the retail level for use in motor vehicles
and pure ethanol or biodiesel fuel dispensed by a distributor or facility that blends these nonpetroleum liquids with
gasoline fuel or diesel fuel for use in motor vehicles.

Certification by the State Energy Office

Each taxpayer must submit a request for credit to the State Energy Office by January 31st for all qualifying property or a
qualifying facility, as applicable, placed in service in the previous calendar year. The Office’s form for requesting credit is
available at www.energy.sc.gov or by calling (803) 737-8030. The Office will notify the taxpayer that it qualifies for the
credit and the amount of credit allocated to the taxpayer by March 1st of that year. The taxpayer may claim the allocated
amount of credit for its tax year that includes December 31st of the previous calendar year. The Department of Revenue
may require any documentation that it deems necessary to administer the credit.

NOTE: Attach the State Energy Office letter of certification and this form to your Income Tax Return, or keep with your
tax records if filing electronically.

Social Security Privacy Act Disclosure
It is mandatory that you provide your social security number on this tax form if you are an individual taxpayer. 42 U.S.C
405(c)(2)(C)(i) permits a state to use an individual's social security number as means of identification in administration of
any tax. SC Regulation 117-201 mandates that any person required to make a return to the SC Department of Revenue
shall provide identifying numbers, as prescribed, for securing proper identification. Your social security number is used for
identification purposes.

The Family Privacy Protection Act
Under the Family Privacy Protection Act, the collection of personal information from citizens by the Department of
Revenue is limited to the information necessary for the Department to fulfill its statutory duties. In most instances, once
this information is collected by the Department, it is protected by law from public disclosure. In those situations where
public disclosure is not prohibited, the Family Privacy Protection Act prevents such information from being used by third
parties for commercial solicitation purposes. 

34462010