2023-2024 Bill 4548: Earnings limitation - South Carolina Legislature Online

South Carolina General Assembly
125th Session, 2023-2024

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H. 4548

STATUS INFORMATION

General Bill
Sponsors: Reps. Oremus, Hayes, McCravy, Trantham, Atkinson, Clyburn, Henegan, Taylor, West, Erickson, Wooten, Forrest, S. Jones, Long, Herbkersman, Cobb-Hunter, Haddon, Bailey, Whitmire, Hart and Henderson-Myers
Document Path: LC-0389SA24.docx

Introduced in the House on January 9, 2024
Introduced in the Senate on April 2, 2024
Last Amended on March 27, 2024
Finance

Summary: Earnings limitation

HISTORY OF LEGISLATIVE ACTIONS

Date Body Action Description with journal page number
11/16/2023 House Prefiled
11/16/2023 House Referred to Committee on Ways and Means
1/9/2024 House Introduced and read first time (House Journal-page 78)
1/9/2024 House Referred to Committee on Ways and Means (House Journal-page 78)
1/9/2024 House Member(s) request name added as sponsor: West
3/12/2024 House Member(s) request name added as sponsor: Erickson, Wooten, Forrest, S. Jones, Long, Herbkersman, Cobb-Hunter, Haddon, Bailey, Whitmire
3/21/2024 House Recalled from Committee on Ways and Means (House Journal-page 49)
3/27/2024 House Member(s) request name added as sponsor: Hart, Henderson-Myers
3/27/2024 House Amended (House Journal-page 29)
3/27/2024 House Read second time (House Journal-page 29)
3/27/2024 House Roll call Yeas-111 Nays-0 (House Journal-page 31)
3/28/2024 House Read third time and sent to Senate (House Journal-page 22)
4/2/2024 Senate Introduced and read first time (Senate Journal-page 13)
4/2/2024 Senate Referred to Committee on Finance (Senate Journal-page 13)

View the latest legislative information at the website

VERSIONS OF THIS BILL

11/16/2023
03/21/2024
03/27/2024



Indicates Matter Stricken

Indicates New Matter

 

Amended

March 27, 2024

 

H. 4548

 

Introduced by Reps. Oremus, Hayes, McCravy, Trantham, Atkinson, Clyburn, Henegan, Taylor, West, Erickson, Wooten, Forrest, S. Jones, Long, Herbkersman, Cobb-Hunter, Haddon, Bailey, Whitmire, Hart and Henderson-Myers

 

S. Printed 03/27/24--H.

Read the first time January 09, 2024

 

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A bill

 

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 9-1-1790, RELATING TO THE EARNINGS LIMITATION FOR A RETIRED MEMBER OF THE SOUTH CAROLINA RETIREMENT SYSTEM UPON THE RETURN TO COVERED EMPLOYMENT, SO AS TO PROVIDE THAT THIS LIMITATION DOES NOT APPLY TO MEMBERS WHO RETURN TO COVERED EMPLOYMENT AS A SCHOOL BUS DRIVER.

    Amend Title To Conform

 

Be it enacted by the General Assembly of the State of South Carolina:

 

SECTION 1.  Section 9-1-1790(A)(2) of the S.C. Code is amended to read:

 

    (2) The earnings limitation imposed pursuant to this item does not apply if the member meets at least one of the following qualifications:

           (a) the member retired before January 2, 2013;

           (b) the member has attained the age of sixty-two years at retirement;  or

           (c) compensation received by the retired member from the covered employer is for service in a public office filled by the appointment of the Governor and with confirmation by the Senate, by appointment or election by the General Assembly, or by election of the qualified electors of the applicable jurisdiction.; or

           (d) compensation received for employment as a school bus driver for a public school district by a member who retired from the system before January 1, 2024.

 

SECTION 2.  This act takes effect upon approval by the Governor.

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This web page was last updated on March 27, 2024 at 8:58 PM

Statutes affected:
11/16/2023: 9-1-1790
03/21/2024: 9-1-1790
03/27/2024: 9-1-1790
Latest Version: 9-1-1790