The bill S. 933 proposes amendments to the South Carolina Code of Laws regarding the compensation of members of the General Assembly. It establishes that members will receive a legislative compensation and in-district legislative service allowance of $47,500, with provisions for biennial adjustments based on the consumer price index, capped at a maximum increase of five percent. Additionally, the bill specifies that the President of the Senate, the Speaker of the House, and the Speaker Pro Tempore will receive additional compensation as determined by the state appropriation act.

Furthermore, the bill amends the definition of "earnable compensation" in the General Assembly Retirement System to limit it to the members' salary as provided by law, specifically stating it as forty times the daily rate of remuneration plus $12,000. The bill includes a severability clause to ensure that if any part of the act is found unconstitutional, the remaining provisions will still be valid. The act will take effect upon approval by the Governor.

Statutes affected:
02/18/2026: 2-3-20, 9-9-10
Latest Version: 2-3-20, 9-9-10