South Carolina Legislature




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Session 126 - (2025-2026)Printer Friendly
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H 3925 General Bill, By Bannister, Murphy, G.M. Smith, Caskey, Yow, B. Newton and Hart
Summary: State Finances
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 11-3-250 SO AS TO PROVIDE THAT THE COMPTROLLER GENERAL SHALL CONFIRM THE ACCURACY OF CASH AND INVESTMENTS IN THE TREASURY FOR THE PREVIOUS FISCAL YEAR ANNUALLY; BY ADDING SECTION 11-5-290 SO AS TO PROVIDE THAT THE STATE TREASURER SHALL MAINTAIN AN ACCOUNTING OF CASH AND INVESTMENTS IN THE TREASURY BY AGENCY AND FUND; BY AMENDING SECTION 11-5-185, RELATING TO THE TREASURER'S ANNUAL REPORT TO THE GENERAL ASSEMBLY, SO AS TO PROVIDE THAT THE STATE TREASURER SHALL ENSURE ACCURACY OF CERTAIN FINANCIAL DATA AND INFORM THE GENERAL ASSEMBLY OF ANY SUBSTANTIVE CONCERNS; AND BY AMENDING SECTION 11-7-60, RELATING TO THE COMPREHENSIVE ANNUAL FINANCIAL REPORT, SO AS TO PROVIDE THAT THE STATE AUDITOR MAY NOT CONTRACT WITH THE SAME EXTERNAL AUDITING FIRM WITHOUT PRIOR REVIEW BY THE JOINT BOND REVIEW COMMITTEE.
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02/06/25House Introduced and read first time (House Journal-page 30)
02/06/25House Referred to Committee on Ways and Means (House Journal-page 30)
02/12/25 Scrivener's error corrected
04/09/25House Committee report: Favorable with amendment Ways and Means
04/14/25 Scrivener's error corrected
04/22/25House Member(s) request name added as sponsor: Hart
04/22/25House Amended (House Journal-page 29)
04/22/25House Read second time (House Journal-page 29)
04/22/25House Roll call Yeas-111 Nays-0 (House Journal-page 32)
04/23/25House Read third time and sent to Senate (House Journal-page 9)
04/23/25 Scrivener's error corrected
04/23/25Senate Introduced and read first time (Senate Journal-page 9)
04/23/25Senate Referred to Committee on Finance (Senate Journal-page 9)



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