The bill, S. 534, is a concurrent resolution introduced in the South Carolina General Assembly that addresses the removal of the State Treasurer, Curtis Loftis, due to alleged willful neglect of duty. According to Article XV, Section 3 of the South Carolina Constitution, the Governor has the authority to remove any executive or judicial officer upon the address of two-thirds of each house of the General Assembly for reasons that do not warrant impeachment. This resolution seeks to invoke that provision by stating that Loftis's actions meet the criteria for removal.

To proceed with the removal, the resolution requires a two-thirds vote from both the Senate and the House of Representatives. The resolution emphasizes the necessity of this legislative action to hold the State Treasurer accountable for his conduct, thereby reinforcing the checks and balances within the state's governance structure.