Bill Search

  • Introduced
    Dec 05, 2024
  • Passed House
    Feb 13, 2025
  • Passed Senate
    Apr 30, 2025
  • Signed into Law
    May 08, 2025
H 3432
South Carolina House Bill
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AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 27-6-20, RELATING TO NONVESTED PROPERTY INTEREST OR POWER OF APPOINTMENT, SO AS TO INCREASE THE TIME AN INTEREST CAN VEST FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 27-6-40, RELATING TO REFORMATION OF PROPERTY DISPOSITIONS, SO AS TO INCREASE THE TIME LIMIT FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 62-7-504, RELATING TO DISCRETIONARY TRUSTS, SO AS TO PROVIDE CERTAIN SITUATIONS IN WHICH A BENEFICIARY OF A TRUST MAY NOT BE CONSIDERED A SETTLOR; BY AMENDING SECTION 62-7-505, RELATING TO CREDITORS' CLAIMS AGAINST A SETTLOR, SO AS TO PROVIDE THAT CERTAIN AMOUNTS PAID TO TAXING AUTHORITIES MAY NOT BE CONSIDERED AN AMOUNT THAT MAY BE DISTRIBUTED FOR THE SETTLOR'S BENEFIT; AND BY ADDING SECTION 62-7-508 SO AS TO PROVIDE FOR CERTAIN GRANTOR TRUST REIMBURSEMENTS. - RATIFIED TITLE
Last Action See all actions
legislature • May 08, 2025: Signed By Governor

Summary/Bill Text

Sponsors
Votes
YES: 107

NO: 0

    ABSTAIN: 1

    Actions
    • May 08, 2025 | legislature
      • Signed By Governor
    • May 06, 2025 | legislature
      • Ratified R 43
    • Apr 30, 2025 | Senate
      • Read third time and enrolled
    • Apr 29, 2025 | Senate
      • Read second time
      • Roll call Ayes-42 Nays-0
    • Apr 16, 2025 | Senate
      • Committee report: Favorable Judiciary
    • Feb 13, 2025 | Senate
      • Introduced and read first time
      • Referred to Committee on Judiciary
    • Feb 13, 2025 | House
      • Read third time and sent to Senate
    • Feb 12, 2025 | House
      • Member(s) request name added as sponsor: Yow, T.Moore
      • Amended
      • Read second time
      • Roll call Yeas-107 Nays-0
    • Feb 06, 2025 | House
      • Member(s) request name added as sponsor: Mitchell
      • Committee report: Favorable with amendment Judiciary
    • Jan 14, 2025 | House
      • Introduced and read first time
      • Referred to Committee on Judiciary
    • Dec 05, 2024 | House
      • Prefiled
      • Referred to Committee on Judiciary
    Documents