SC S1111 | 2021-2022 | 124th General Assembly
Status
Spectrum: Slight Partisan Bill (Republican 5-2)
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on March 1 2022 - 25% progression, died in committee
Action: 2022-03-01 - Referred to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Amend The Code Of Laws Of South Carolina, 1976, By Adding Section 9-16-57 So As To Provide That The Retirement Investment Commission May Not Invest Public Employee Retirement Funds In Certain Companies Owned, In Whole Or In Part, By Russia; And To Amend Section 11-9-660, Relating To The Investment Of State Funds, So As To Prohibit The State Treasurer From Investing In Certain Companies Owned Or Controlled By Russia Or Whose Principal Place Of Business Is Located Within Russia.
Title
Investment Prohibitions in Russia
Sponsors
| Sen. Bradley Hutto [D] | Sen. Joshua Kimbrell [R] | Sen. Wes Climer [R] | Sen. Sandra Senn [R] |
| Sen. Ronnie Cromer [R] | Sen. Katrina Shealy [R] | Sen. Maymia McLeod [D] |
History
| Date | Chamber | Action |
|---|---|---|
| 2022-03-01 | Senate | Referred to Committee on Finance |
| 2022-03-01 | Senate | Introduced and read first time |
Same As/Similar To
H5054 (Similar To) 2022-03-01 - Referred to Committee on Judiciary
Code Citations
South Carolina State Sources
| Type | Source |
|---|---|
| Summary | https://www.scstatehouse.gov/billsearch.php?billnumbers=1111&session=124&summary=B |
| Text | https://www.scstatehouse.gov/sess124_2021-2022/prever/1111_20220301.htm |
