South Carolina bills · 2025-2026 Regular Session
South Carolina S 420
Investment of Funds by Political Subdivisions
- Introduced
- In committee
- Passed Senate
- Passed House
- To Governor
- Became law
Sponsors
- Young (Republican)
Summary
Official abstract published by the South Carolina legislature· description
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS OF FUNDS BY POLITICAL SUBDIVISIONS, SO AS TO AUTHORIZE CERTAIN INVESTMENT-GRADE CORPORATE DEBT INVESTMENTS BY QUALIFIED RETIREE POST-EMPLOYMENT BENEFITS TRUSTS AND TO PROVIDE REQUIREMENTS AND LIMITATIONS FOR SUCH INVESTMENTS. - RATIFIED TITLE
Text versions
Roll-call votes
State vote data last updated Oct 15, 2026, 4:08 AM.
| Date | Vote | Result | Your legislators |
|---|---|---|---|
| May 13, 2026 House | Passage of Bill | pass | Set your home in South Carolina to see |
| Feb 24, 2026 Senate | 2nd Reading | pass | Set your home in South Carolina to see |
Actions
- Jun 3, 2026 · Legislature
Act No. 223 - Jun 5, 2026 · Legislature
Effective date 05/19/26 - May 19, 2026 · Legislature
Signed By Governor - May 15, 2026 · Legislature
Ratified R 226 - May 14, 2026 · Senate
Concurred in House amendment and enrolled - May 14, 2026 · House
Read third time and returned to Senate with amendments - May 13, 2026 · House
Roll call Yeas-104 Nays-3 - May 13, 2026 · House
Read second time - May 13, 2026 · House
Amended - May 12, 2026 · House
Debate adjourned - May 6, 2026 · House
Committee report: Favorable with amendment Ways and Means - Feb 26, 2026 · House
Referred to Committee on Ways and Means - Feb 26, 2026 · House
Introduced and read first time - Feb 25, 2026 · Senate
Read third time and sent to House - Feb 24, 2026 · Senate
Roll call Ayes-44 Nays-0 - Feb 24, 2026 · Senate
Read second time - Feb 24, 2026 · Senate
Committee Amendment Adopted - Feb 23, 2026 · Legislature
Scrivener's error corrected - Feb 18, 2026 · Senate
Committee report: Favorable with amendment Finance - Mar 5, 2025 · Senate
Referred to Committee on Finance - Mar 5, 2025 · Senate
Introduced and read first time