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IntroducedJan 28, 2026
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Passed SenateFeb 19, 2026
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Passed HouseMay 08, 2026
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Became LawMay 18, 2026
South Carolina Senate Bill
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-1-20, RELATING TO INSURANCE LAW DEFINITIONS, SO AS TO DEFINE THE TERM "CONTINGENT DEFERRED ANNUITY"; BY AMENDING SECTION 38-69-220, RELATING TO EXCEPTIONS FROM OPERATION OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, SO AS TO ADD AN EXCEPTION FOR CERTAIN PROVISIONS OF THE STANDARD NONFORFEITURE LAW FOR INDIVIDUAL DEFERRED ANNUITIES, AND TO PROVIDE THE DEPARTMENT OF INSURANCE MAY PROMULGATE REGULATIONS FOR NONFORFEITURE BENEFITS FOR CONTINGENT DEFERRED ANNUITIES IN THE DISCRETION OF THE DIRECTOR OF THE DEPARTMENT IN CERTAIN CIRCUMSTANCES; AND BY AMENDING SECTION 38-44-20, RELATING TO DEFINITIONS IN THE MANAGING GENERAL AGENTS ACT, SO AS TO MAKE A CONFORMING CHANGE. - RATIFIED TITLE
Last Action See all actions
legislature • May 18, 2026: Signed By Governor
Latest Bill Text See all bill texts
Summary
Comments on S 857
Tweets
Whip Lists
Sponsors
Votes
YES: 44
- Adams, Brian
- Alexander, Thomas C.
- Allen, Karl B.
- Bennett, Sean M.
- Blackmon, Allen
- Bright, Lee
- Campsen, George E., III
- Cash, Richard J.
- Chaplin, JD
- Climer, Wes
- Corbin, Thomas D.
- Cromer, Ronnie W.
- Davis, Tom
- Devine, Tameika Isaac
- Elliott, Jason
- Fernandez, Tom
- Gambrell, Michael W.
- Garrett, Billy
- Goldfinch, Stephen L.
- Graham, Jeffrey R.
- Grooms, Lawrence K.
- Hembree, Greg
- Hutto, Brad
- Jackson, Darrell
- Johnson, Michael
- Kennedy, Carlisle
- Kimbrell, Josh
- Matthew W. "Matt" Leber
- Martin, Shane R.
- Massey, A. Shane
- Ott, Russell L.
- Peeler, Harvey S., Jr.
- Rankin, Luke A.
- Reichenbach, Mike
- Rice, Rex F.
- Sabb, Ronnie A.
- Stubbs, Everett
- Sutton, Ed
- Deon T. Tedder
- Turner, Ross
- Verdin, Daniel B., III
- Williams, Kent M.
- Young, Tom, Jr.
- Zell, Jeff
NO: 0
EXCUSED: 2
YES: 105
- Alexander, Terry
- Bailey, William H.
- Bamberg, Justin T.
- Beach, Thomas
- Bernstein, Beth E.
- Bowers, Phillip
- Bradley, Jeff
- Gary S. Brewer, Jr.
- Brittain, Thomas C., Jr.
- Burns, James Mikell
- Bustos, Joseph M.
- Calhoon, Paula Rawl
- Caskey, Micajah P., IV
- Donald G. "Don" Chapman
- Chumley, William M.
- Clyburn, William
- Cobb-Hunter, Gilda
- Collins, Neal A.
- Cromer, April
- Davis, Sylleste H.
- Dillard, Chandra E.
- Duncan, Adam L.
- Edgerton, Sarita L.
- Erickson, Shannon S.
- Ford, Greg
- Forrest, Cally R., Jr.
- Frank, Stephen
- Gagnon, Craig A.
- Garvin, Kambrell H.
- Gibson, Daniel
- Gilliam, Leon D.
- Gilliard, Wendell G.
- Gilreath, Thomas Lee
- Grant, Hamilton R.
- Thomas Duval "Val" Guest, Jr.
- Guffey, Brandon
- Haddon, Patrick B.
- William "Bill" Hager
- Robert J. "Rob" Harris
- Hart, Christopher R.
- Thomas F. "Tom" Hartnett, Jr.
- Hartz, Charles V.
- Hayes, Jackie E.
- Henderson-Myers,, Rosalyn D., Ph.D. Herbkersman, William G.
- Hewitt, Lee
- Hiott, David R.
- Hixon, William M.
- Holman, Harriet A.
- Hosey, Lonnie
- Huff, William C.
- Johnson, Jeffrey E.
- Johnson, Jermaine L., Sr.
- Jones, Wendell K.
- Jordan, Wallace H., Jr.
- King, John Richard C.
- Kirby, Roger K.
- Landing, Kathy
- Lastinger, John T., Jr.
- Lawson, M. Brian
- Ligon, Thomas R.
- Long, Steven Wayne
- Lowe, Phillip D.
- Luck, Jason S.
- Magnuson, Josiah
- McCravy, John R., III
- McDaniel, Annie E.
- McGinnis, Timothy A.
- Mitchell, Cody T.
- Mitchell, Dianne
- Moore, JA
- Moore, Travis A.
- Morgan, T. Alan, Jr.
- Moss, Dennis C.
- Neese, Mike M.
- Newton, Brandon
- Newton, Wm. Weston J.
- Oremus, Melissa Lackey
- Pace, Jordan S.
- Pedalino, Fawn M.
- Pope, Thomas E.
- Reese, Robert T.
- Rivers, Michael F., Sr.
- Robbins, Robby
- Rose, Seth
- Rutherford, J. Todd
- Sanders, Richard Blake
- Schuessler, Carla
- Scott, Keishan M.
- Sessions, Heath
- Smith, G. Murrell, Jr.
- Stavrinakis, Leonidas E.
- Taylor, Bill
- Teeple, James E.
- Terribile, Jackie R.
- Vaughan, David
- Waters, Courtney S.
- Wetmore, Elizabeth
- Joseph S. "Joe" White
- Whitmire, William R.
- Wickensimer, Paul B.
- Williams, Robert Q.
- Willis, Mark N.
- Wooten, Chris
- Yow, Richard L.
NO: 0
NOT VOTING: 5
EXCUSED: 14
Actions
- May 18, 2026 | legislature
- Signed By Governor
- May 14, 2026 | legislature
- Ratified R 157
- May 08, 2026 | House
- Read third time and enrolled
- May 07, 2026 | House
- Read second time
- Roll call Yeas-105 Nays-0
- Unanimous consent for third reading on next legislative day
- May 06, 2026 | House
- Debate adjourned
- May 05, 2026 | House
- Debate adjourned until Wed., 5-6-26
- Apr 30, 2026 | House
- Committee report: Favorable Labor, Commerce and Industry
- Feb 24, 2026 | House
- Introduced and read first time
- Referred to Committee on Labor, Commerce and Industry
- Feb 19, 2026 | Senate
- Read third time and sent to House
- Feb 18, 2026 | Senate
- Committee Amendment Adopted
- Read second time
- Roll call Ayes-44 Nays-0
- Feb 12, 2026 | Senate
- Committee report: Favorable with amendment Banking and Insurance
- Jan 28, 2026 | Senate
- Introduced and read first time
- Referred to Committee on Banking and Insurance
Documents

