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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 Investment of Funds by Political Subdivisions AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS OF FUNDS BY POLITICAL SUBDIVISIONS, SO AS TO AUTHORIZE CERTAIN INVESTMENT-GRADE CORPORATE DEBT INVESTMENTS BY QUALIFIED RETIREE POST-EMPLOYMENT BENEFITS TRUSTS AND TO PROVIDE REQUIREMENTS AND LIMITATIONS FOR SUCH INVESTMENTS. - RATIFIED TITLE us/states/sc South Carolina General Assembly 2025-2026 S 420 South Carolina S 420 (2025-2026)
bill
enacted
Young
7 21 2 2025-03-05 2026-06-05 openstates ocd-bill/2ed3ff0e-cd5e-4475-bfc2-ebd83ac10256 https://www.scstatehouse.gov/billsearch.php?billnumbers=420&session=126&summary=B 13802098ad9bede90879e4bb48dcb895df8c195732c68226752b01eeac13e91e 2026-07-01 https://data.openstates.org/daily/2026-07-01/public.pgdump 2026-07-06 reported
legislation
bill
us-sc

South Carolina S 420 (2025-2026) — Investment of Funds by Political Subdivisions

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS OF FUNDS BY POLITICAL SUBDIVISIONS, SO AS TO AUTHORIZE CERTAIN INVESTMENT-GRADE CORPORATE DEBT INVESTMENTS BY QUALIFIED RETIREE POST-EMPLOYMENT BENEFITS TRUSTS AND TO PROVIDE REQUIREMENTS AND LIMITATIONS FOR SUCH INVESTMENTS. - RATIFIED TITLE

Version chain

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

  1. Filed (filed) — source
  2. 02/18/2026 (committee substitute) — source
  3. 02/23/2026 (committee substitute) — source
  4. 02/24/2026 (committee substitute) — source
  5. 03/05/2025 (committee substitute) — source
  6. 05/06/2026 (committee substitute) — source
  7. 05/13/2026 (committee substitute) — source

Votes

  • Passage of Bill — 1043 (pass) · lower
  • 2nd Reading — 440 (pass) · upper

Sponsors

  • Young — primary (person)

Timeline

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

  • 2025-03-05 Introduced and read first time introduction, reading-1
  • 2025-03-05 Referred to Committee on Finance referral-committee
  • 2026-02-18 Committee report: Favorable with amendment Finance committee-passage-favorable
  • 2026-02-23 Scrivener's error corrected
  • 2026-02-24 Committee Amendment Adopted amendment-passage
  • 2026-02-24 Read second time reading-2
  • 2026-02-24 Roll call Ayes-44 Nays-0
  • 2026-02-25 Read third time and sent to House passage, reading-3
  • 2026-02-26 Introduced and read first time introduction, reading-1
  • 2026-02-26 Referred to Committee on Ways and Means referral-committee
  • 2026-05-06 Committee report: Favorable with amendment Ways and Means committee-passage-favorable
  • 2026-05-12 Debate adjourned
  • 2026-05-13 Amended amendment-passage
  • 2026-05-13 Read second time reading-2
  • 2026-05-13 Roll call Yeas-104 Nays-3
  • 2026-05-14 Read third time and returned to Senate with amendments passage, reading-3
  • 2026-05-14 Concurred in House amendment and enrolled
  • 2026-05-15 Ratified R 226
  • 2026-05-19 Signed By Governor executive-signature
  • 2026-06-05 Effective date 05/19/26
  • 2026-06-03 Act No. 223

Source

OpenStates / OpenCivicData bulk snapshot 2026-07-01; origin ocd-bill/2ed3ff0e-cd5e-4475-bfc2-ebd83ac10256. Confidence: reported (aggregated from official South Carolina legislature records).