South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
S. 572
STATUS INFORMATION
Joint Resolution
Sponsors: Banking and Insurance Committee
Document Path: LC-0404WAB-DBS25.docx
Introduced in the Senate on April 16, 2025
Currently residing in the Senate
HISTORY OF LEGISLATIVE ACTIONS
Date | Body | Action Description with journal page number |
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4/16/2025 | Senate | Introduced, read first time, placed on calendar without reference (Senate Journal-page 11) |
View the latest legislative information at the website
VERSIONS OF THIS BILL
Introduced
April 16, 2025
S. 572
Introduced by Senate Banking and Insurance Committee
S. Printed 4/16/25--S.
Read the first time April 16, 2025
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A JOINT RESOLUTION
TO APPROVE REGULATIONS OF THE Attorney General, RELATING TO Money Services, DESIGNATED AS REGULATION DOCUMENT NUMBER 5363, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The regulations of the Attorney General, relating to Money Services, designated as Regulation Document Number 5363, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the S.C. Code, are approved.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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SUMMARY AS SUBMITTED
BY PROMULGATING AGENCY.
The Office of the Attorney General proposes to repeal certain regulations previously adopted under the South Carolina Anti-Money Laundering Act. The amended South Carolina Money Services Act (S.C. Code Ann. ยง35-11-100, et seq.) has recently been adopted, which rendered these regulations no longer necessary or appropriate. The Notice of Drafting regarding this regulation was published on September 27, 2024, in the State Register.
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This web page was last updated on April 17, 2025 at 9:41 AM