South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
H. 5272
STATUS INFORMATION
General Bill
Sponsors: Rep. Long
Companion/Similar bill(s): 4392
Document Path: LC-0298HA26.docx
Introduced in the House on February 26, 2026
Currently residing in the House Committee on Labor, Commerce and Industry
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 2/26/2026 | House | Introduced and read first time |
| 2/26/2026 | House | Referred to Committee on Labor, Commerce and Industry |
View the latest legislative information at the website
VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-120 SO AS TO REQUIRE FINANCIAL INSTITUTIONS TO VERIFY THAT INDIVIDUALS ARE CITIZENS OF THE UNITED STATES BEFORE WIRING OR REMITTING FUNDS TO FOREIGN COUNTRIES, AND TO EITHER REQUIRE A FEE OR PROHIBIT THE TRANSFER IF THE INDIVIDUAL IS NOT A UNITED STATES CITIZEN.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 3, Title 34 of the S.C. Code is amended by adding:
Section 34-3-120. A financial institution shall verify if an individual is a citizen of the United States before wiring or remitting funds to a foreign country. If the individual is not a United States citizen, the financial institution shall either prohibit the transfer of funds or shall charge a fee of one thousand dollars which must be remitted to the general fund of the State.
SECTION 2. This act takes effect upon approval by the Governor.
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This web page was last updated on February 26, 2026 at 11:14 AM