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Session 126 - (2025-2026)Printer Friendly
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S 0420 General Bill, By Young
Summary: Investment of Funds by Political Subdivisions
    A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS BY POLITICAL SUBDIVISIONS SO AS TO ALLOW A QUALIFIED RETIREE POST-EMPLOYMENT BENEFIT TRUST MAINTAINED FOR THE BENEFIT OF POLITICAL SUBDIVISION RETIREES TO INVEST IN CERTAIN CORPORATE DEBT ISSUED BY UNITED STATES CORPORATIONS.
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03/05/25Senate Introduced and read first time (Senate Journal-page 15)
03/05/25Senate Referred to Committee on Finance (Senate Journal-page 15)
02/18/26Senate Committee report: Favorable with amendment Finance (Senate Journal-page 7)
02/23/26 Scrivener's error corrected
02/24/26Senate Committee Amendment Adopted (Senate Journal-page 13)
02/24/26Senate Read second time (Senate Journal-page 13)
02/24/26Senate Roll call Ayes-44 Nays-0 (Senate Journal-page 13)
02/25/26Senate Read third time and sent to House (Senate Journal-page 15)
02/26/26House Introduced and read first time (House Journal-page 15)
02/26/26House Referred to Committee on Ways and Means (House Journal-page 15)



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