South Carolina General Assembly
125th Session, 2023-2024

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H. 4543

STATUS INFORMATION

General Bill
Sponsors: Reps. Haddon, McCravy, Trantham, Magnuson, Guffey, Taylor, Oremus, Burns, Chumley, Beach, Kilmartin, Cromer, O'Neal and S. Jones
Document Path: LC-0385SA24.docx

Introduced in the House on January 9, 2024
Currently residing in the House

Summary: Real estate

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
11/16/2023 House Prefiled
11/16/2023 House Referred to Committee on Labor, Commerce and Industry
1/9/2024 House Introduced and read first time (House Journal-page 77)
1/9/2024 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 77)
1/9/2024 House Member(s) request name added as sponsor: Burns, Chumley, Beach, Kilmartin, Cromer, O'Neal
1/10/2024 House Member(s) request name added as sponsor: S. Jones

View the latest legislative information at the website

VERSIONS OF THIS BILL

11/16/2023



 

 

 

 

 

 

 

 

A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 27-1-80 SO AS TO PROVIDE THAT CERTAIN COMPANIES OWNED, IN WHOLE OR IN PART, BY THE PEOPLE'S REPUBLIC OF CHINA OR THE CHINESE COMMUNIST PARTY MAY NOT OWN, LEASE, POSSESS, OR EXERCISE ANY CONTROL OVER any REAL ESTATE IN THIS STATE.

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Chapter 1, Title 27 is amended by adding:

 

    Section 27-1-80. (A) Any company or development owned or controlled by a company that is owned, in whole or in part, by, or is a subsidiary of, a company that is owned by the People's Republic of China or the Chinese Communist Party or whose principal place of business is located within the People's Republic of China may not own, lease, possess, or exercise any control over any real estate in this State.

    (B) For purposes of this section:

       (1) "Chinese Communist Party" includes all agencies, institutions, and instrumentalities of the Chinese Communist Party.

       (2) "Company" or "development" means a sole proprietorship, organization, association, corporation, partnership, trust, venture, group, subgroup, or any other entity or organization, its subsidiary or affiliate that exists for profit-making purposes or to otherwise secure economic advantage.

       (3) "People's Republic of China" includes all agencies, institutions, instrumentalities, and political subdivisions of the People's Republic of China.

 

SECTION 2.  This act takes effect upon approval by the Governor.

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This web page was last updated on January 9, 2024 at 4:19 PM