SC S0420 | 2025-2026 | 126th General Assembly
Status
Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on June 3 2026 - 100% progression
Action: 2026-06-03 - Act No. 223
Text: Latest bill text (Amended) [HTML]
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on June 3 2026 - 100% progression
Action: 2026-06-03 - Act No. 223
Text: Latest bill text (Amended) [HTML]
Summary
Amend The South Carolina Code Of Laws By Amending Section 6-5-10, Relating To Authorized Investments Of Funds By Political Subdivisions, So As To Authorize Certain Investment-grade Corporate Debt Investments By Qualified Retiree Post-employment Benefits Trusts And To Provide Requirements And Limitations For Such Investments. - Ratified Title
Title
Investment of Funds by Political Subdivisions
Sponsors
Roll Calls
2026-05-13 - House - House: Passage Of Bill (Y: 104 N: 3 NV: 13 Abs: 4) [PASS]
2026-02-24 - Senate - Senate: 2nd Reading (Y: 44 N: 0 NV: 0 Abs: 1) [PASS]
2026-02-24 - Senate - Senate: 2nd Reading (Y: 44 N: 0 NV: 0 Abs: 1) [PASS]
History
| Date | Chamber | Action |
|---|---|---|
| 2026-06-03 | Act No. 223 | |
| 2026-06-05 | Effective date 05/19/26 | |
| 2026-05-19 | Signed By Governor | |
| 2026-05-15 | Ratified R 226 | |
| 2026-05-14 | Senate | Concurred in House amendment and enrolled |
| 2026-05-14 | House | Read third time and returned to Senate with amendments |
| 2026-05-13 | House | Roll call Yeas-104 Nays-3 |
| 2026-05-13 | House | Read second time |
| 2026-05-13 | House | Amended |
| 2026-05-12 | House | Debate adjourned |
| 2026-05-06 | House | Committee report: Favorable with amendment Ways and Means |
| 2026-02-26 | House | Referred to Committee on Ways and Means |
| 2026-02-26 | House | Introduced and read first time |
| 2026-02-25 | Senate | Read third time and sent to House |
| 2026-02-24 | Senate | Roll call Ayes-44 Nays-0 |
| 2026-02-24 | Senate | Read second time |
| 2026-02-24 | Senate | Committee Amendment Adopted |
| 2026-02-23 | Scrivener's error corrected | |
| 2026-02-18 | Senate | Committee report: Favorable with amendment Finance |
| 2025-03-05 | Senate | Referred to Committee on Finance |
| 2025-03-05 | Senate | Introduced and read first time |
