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Indicates Matter Stricken
Indicates New Matter
Sponsors: Senators Corbin, Shealy and Malloy
Document Path: l:\s-res\tdc\010sto .kmm.tdc.docx
Introduced in the Senate on March 23, 2021
Currently residing in the Senate Committee on Finance
Summary: State Treasurer's Office Programs Day
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/23/2021 Senate Introduced (Senate Journal-page 8) 3/23/2021 Senate Referred to Committee on Finance (Senate Journal-page 8)
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VERSIONS OF THIS BILL
TO RECOGNIZE WEDNESDAY, APRIL 14, 2021 AS "STATE TREASURER'S OFFICE PROGRAMS DAY" IN SOUTH CAROLINA AND TO ENCOURAGE INDIVIDUALS, FAMILIES, AND BUSINESSES TO LEARN MORE ABOUT THE CONSUMER-FACING PROGRAMS OFFERED AT THE STATE TREASURER'S OFFICE.
Whereas, the State Treasurer's Office administers multiple programs to benefit the citizens of the Palmetto State; and
Whereas, saving for a college education is an important investment in a child's future, as student loan debt continues to increase. South Carolina's Future Scholar 529 College Savings Plan currently serves more than 190,000 families with nearly $5 billion in assets under management; and
Whereas, individuals with disabilities and their families should have access to the same kinds of savings tools that are available to the broader population. The Palmetto ABLE Savings Program currently provides nearly 2,000 South Carolinians with disabilities the opportunity to save for their future without losing government benefits; and
Whereas, the rightful owners of unclaimed property, or their heirs, always have a right to claim property held in custody by the State Treasurer's Office. The South Carolina Unclaimed Property Program returned $33.4 million last fiscal year and currently has more than $700 million in unclaimed funds available for claim. Now, therefore,
Be it resolved by the Senate:
That the members of the South Carolina Senate, by this resolution, recognize Wednesday, April 14, 2021 as "State Treasurer's Office Programs Day" in South Carolina and encourage individuals, families, and businesses to learn more about the consumer-facing programs offered at the State Treasurer's Office.
Be it further resolved that a copy of this resolution be provided to the Honorable Curtis M. Loftis, Jr., Treasurer of the State of South Carolina.
This web page was last updated on March 26, 2021 at 10:16 AM