The bill H. 3234 aims to amend the South Carolina Code of Laws by adding Section 41-1-115, which prohibits the use of an individual's credit score as a basis for any personnel actions. This includes decisions related to hiring, promoting, demoting, or terminating employees, as well as granting interviews to prospective employees. Violators of this provision would be guilty of a misdemeanor, facing fines ranging from ten to fifty dollars or imprisonment for a period of ten to thirty days.

Additionally, the bill defines key terms related to credit scores and reports, including "consumer," "credit report," "credit score," and "consumer credit reporting agency." The act is set to take effect upon approval by the Governor.

Statutes affected:
12/05/2024: 41-1-115
Latest Version: 41-1-115
12/06/2024: 41-1-115