republic-os/legislation/us/states/sc/2025-2026/h-3432.md

type, title, description, jurisdiction, legislature, session, identifier, citation, classification, subjects, status, primary_sponsors, version_count, action_count, vote_count, first_action, last_action, source, source_identifier, source_url, source_hash, vintage, source_snapshot, retrieved_at, confidence, tags

type	title	description	jurisdiction	legislature	session	identifier	citation	classification	subjects	status	primary_sponsors	version_count	action_count	vote_count	first_action	last_action	source	source_identifier	source_url	source_hash	vintage	source_snapshot	retrieved_at	confidence	tags
Bill	Grantor Trust Reimbursement	AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 27-6-20, RELATING TO NONVESTED PROPERTY INTEREST OR POWER OF APPOINTMENT, SO AS TO INCREASE THE TIME AN INTEREST CAN VEST FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 27-6-40, RELATING TO REFORMATION OF PROPERTY DISPOSITIONS, SO AS TO INCREASE THE TIME LIMIT FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 62-7-504, RELATING TO DISCRETIONARY TRUSTS, SO AS TO PROVIDE CERTAIN SITUATIONS IN WHICH A BENEFICIARY OF A TRUST MAY NOT BE CONSIDERED A SETTLOR; BY AMENDING SECTION 62-7-505, RELATING TO CREDITORS' CLAIMS AGAINST A SETTLOR, SO AS TO PROVIDE THAT CERTAIN AMOUNTS PAID TO TAXING AUTHORITIES MAY NOT BE CONSIDERED AN AMOUNT THAT MAY BE DISTRIBUTED FOR THE SETTLOR'S BENEFIT; AND BY ADDING SECTION 62-7-508 SO AS TO PROVIDE FOR CERTAIN GRANTOR TRUST REIMBURSEMENTS. - RATIFIED TITLE	us/states/sc	South Carolina General Assembly	2025-2026	H 3432	South Carolina H 3432 (2025-2026)	bill		enacted	C. Mitchell T. Moore W. Newton Yow	5	21	2	2024-12-05	2025-05-16	openstates	ocd-bill/0ff45f90-bf2d-4a86-b1af-973eda9f383c	https://www.scstatehouse.gov/billsearch.php?billnumbers=3432&session=126&summary=B	4fe4b80844187ac47e45addd2e6d4d8d5d230d0a49841e927e46274929b0aef7	2026-07-01	https://data.openstates.org/daily/2026-07-01/public.pgdump	2026-07-06	reported	legislation bill us-sc

South Carolina H 3432 (2025-2026) — Grantor Trust Reimbursement

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 27-6-20, RELATING TO NONVESTED PROPERTY INTEREST OR POWER OF APPOINTMENT, SO AS TO INCREASE THE TIME AN INTEREST CAN VEST FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 27-6-40, RELATING TO REFORMATION OF PROPERTY DISPOSITIONS, SO AS TO INCREASE THE TIME LIMIT FROM NINETY YEARS TO THREE HUNDRED SIXTY YEARS; BY AMENDING SECTION 62-7-504, RELATING TO DISCRETIONARY TRUSTS, SO AS TO PROVIDE CERTAIN SITUATIONS IN WHICH A BENEFICIARY OF A TRUST MAY NOT BE CONSIDERED A SETTLOR; BY AMENDING SECTION 62-7-505, RELATING TO CREDITORS' CLAIMS AGAINST A SETTLOR, SO AS TO PROVIDE THAT CERTAIN AMOUNTS PAID TO TAXING AUTHORITIES MAY NOT BE CONSIDERED AN AMOUNT THAT MAY BE DISTRIBUTED FOR THE SETTLOR'S BENEFIT; AND BY ADDING SECTION 62-7-508 SO AS TO PROVIDE FOR CERTAIN GRANTOR TRUST REIMBURSEMENTS. - RATIFIED TITLE

Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. Filed (filed) — source
2. 02/06/2025 (committee substitute) — source
3. 02/12/2025 (committee substitute) — source
4. 04/16/2025 (committee substitute) — source
5. 12/05/2024 (committee substitute) — source

Votes

• Passage of Bill — 107–0 (pass) · lower
• 2nd Reading — 42–0 (pass) · upper

Sponsors

• C. Mitchell — primary (person)
• T. Moore — primary (person)
• W. Newton — primary (person)
• Yow — primary (person)

Timeline

The legislative action history — every referral, reading, and vote.

• 2024-12-05 Prefiled filing
• 2024-12-05 Referred to Committee on Judiciary referral-committee
• 2025-01-14 Introduced and read first time introduction, reading-1
• 2025-01-14 Referred to Committee on Judiciary referral-committee
• 2025-02-06 Member(s) request name added as sponsor: C.Mitchell
• 2025-02-06 Committee report: Favorable with amendment Judiciary committee-passage-favorable
• 2025-02-12 Member(s) request name added as sponsor: Yow, T.Moore
• 2025-02-12 Amended amendment-passage
• 2025-02-12 Read second time reading-2
• 2025-02-12 Roll call Yeas-107 Nays-0
• 2025-02-13 Read third time and sent to Senate passage, reading-3
• 2025-02-13 Introduced and read first time introduction, reading-1
• 2025-02-13 Referred to Committee on Judiciary referral-committee
• 2025-04-16 Committee report: Favorable Judiciary committee-passage-favorable
• 2025-04-29 Read second time reading-2
• 2025-04-29 Roll call Ayes-42 Nays-0
• 2025-04-30 Read third time and enrolled passage, reading-3
• 2025-05-06 Ratified R 43
• 2025-05-08 Signed By Governor executive-signature
• 2025-05-16 Effective date 05/08/25
• 2025-05-16 Act No. 25

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/0ff45f90-bf2d-4a86-b1af-973eda9f383c. Confidence: reported (aggregated from official South Carolina legislature records).