SC S1251 | 2013-2014 | 120th General Assembly

Status

Sponsorship: Strong Partisan Bill (Republican 15-1)
Status: Engrossed on May 29 2014 - 50% progression, died in committee
Action: 2014-06-03 - Referred to Committee on Ways and Means
Pending: House Ways and Means Committee
Text: Latest bill text (Comm Sub) [HTML]

Summary

Provide That The Funds Of Any Trust Fund Established By Law For The Funding Of Post-employment Benefits For State Employees And Public School Teachers May Be Invested And Reinvested In Equity Securities Subject To The Same Limitations On Such Investments Applicable For The Funds Of The Various State-operated Retirement Systems And To Provide That Funds Of A Political Subdivision Of This State Set Aside For The Funding Of Post-employment Benefits Of Employees Of The Political Subdivision, Including Funds Invested In An Independent Trust Established For That Purpose, May Be Similarly Invested.

Tracking Information

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Title

Employee pension plans

Sponsors


Roll Calls

2014-05-28 - Senate - Senate: 2nd Reading (Y: 43 N: 0 NV: 0 Abs: 0) [PASS]

History

DateChamberAction
2014-06-03HouseReferred to Committee on Ways and Means
2014-06-03HouseIntroduced and read first time
2014-05-29SenateRead third time and sent to House
2014-05-29 Scrivener's error corrected
2014-05-28SenateRoll call Ayes-43 Nays-0
2014-05-28SenateRead second time
2014-05-28SenateCommittee report: Favorable Finance
2014-04-30SenateReferred to Committee on Finance
2014-04-30SenateIntroduced and read first time

South Carolina State Sources


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