SC S0214 | 2021-2022 | 124th General Assembly

Status

Spectrum: Moderate Partisan Bill (Republican 4-1)
Status: Introduced on January 12 2021 - 25% progression, died in committee
Action: 2021-01-12 - Referred to Committee on Judiciary
Pending: Senate Judiciary Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend Section 8-13-1312 Of The 1976 Code, Relating To Campaign Bank Accounts, To Provide That All Contributions Received By Candidates Shall Be Deposited Into An Interest On Campaign Account Known As An "ioca", To Provide That An Ioca Benefits The State Ethics Commission, To Provide That An Ioca Shall Be Established With An Eligible Institution That Voluntarily Chooses To Participate, To Provide For The Rate Of Interest Or Dividends Payable On Any Ioca, To Provide That One Percent Of All Contributions Deposited Into An Ioca Shall Be Remitted To Benefit The State Ethics Commission, And To Provide That The Funds Remitted To The State Ethics Commission Shall Be Used By The State Ethics Commission To Create A Position Or Positions Within Its Employ To Check And Confirm The Completeness Of Candidate Filings; To Amend Section 8-13-320 Of The 1976 Code, Relating To The Duties And Powers Of The State Ethics Commission, To Provide That Those Duties And Responsibilities Include Receiving, Administering, Investing, Disbursing, And Separately Accounting For Funds Remitted To It; To Amend Section 8-13-340 Of The 1976 Code, Relating To The Annual Report Of The State Ethics Commission, To Provide That The State Ethics Commission Shall Include In Its Report To The General Assembly And The Governor The Amount Of Funds It Has Received From Iocas; And To Define Necessary Terms.

Tracking Information

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Title

Campaign bank accounts

Sponsors


History

DateChamberAction
2021-01-12SenateReferred to Committee on Judiciary
2021-01-12SenateIntroduced and read first time
2020-12-09SenateReferred to Committee on Judiciary
2020-12-09SenatePrefiled

Code Citations

ChapterArticleSectionCitation TypeStatute Text
8131312(n/a)See Bill Text
813320(n/a)See Bill Text
813340(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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