S 420
  • Introduced
    Mar 05, 2025
  • Passed Senate
    Feb 25, 2026
  • Passed House
  • Became Law
S 420
South Carolina Senate Bill
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A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS BY POLITICAL SUBDIVISIONS SO AS TO ALLOW A QUALIFIED RETIREE POST-EMPLOYMENT BENEFIT TRUST MAINTAINED FOR THE BENEFIT OF POLITICAL SUBDIVISION RETIREES TO INVEST IN CERTAIN CORPORATE DEBT ISSUED BY UNITED STATES CORPORATIONS.
Last Action See all actions
House • Feb 26, 2026: Referred to Committee on Ways and Means
Latest Bill Text See all bill texts
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Votes
Feb 24, 2026, Senate
2nd Reading
YES: 44
NO: 0
OTHER: 2
YES: 44

NO: 0

    EXCUSED: 1

    Sources
    Actions
    • Feb 26, 2026 | House
      • Introduced and read first time
      • Referred to Committee on Ways and Means
    • Feb 25, 2026 | Senate
      • Read third time and sent to House
    • Feb 24, 2026 | Senate
      • Committee Amendment Adopted
      • Read second time
      • Roll call Ayes-44 Nays-0
    • Feb 23, 2026 | legislature
      • Scrivener's error corrected
    • Feb 18, 2026 | Senate
      • Committee report: Favorable with amendment Finance
    • Mar 05, 2025 | Senate
      • Introduced and read first time
      • Referred to Committee on Finance
    Bill Texts
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