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---
type: "Bill"
title: "Economic bond for conventions and trade shows"
description: "AN ACT TO AMEND SECTION 11-41-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ECONOMIC DEVELOPMENT BONDS FOR CONVENTIONS AND TRADE SHOWS, SO AS TO PROVIDE THAT THE PROVISIONS REQUIRING THE REIMBURSEMENT OF BOND PROCEEDS, PLUS INTEREST, UPON THE SALE OF A MEETING AND EXHIBIT SPACE ARE NOT APPLICABLE IF THE SALE PROCEEDS ARE USED IN THEIR ENTIRETY FOR A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET, OR TO REIMBURSE A STATE AGENCY, INSTRUMENTALITY, OR POLITICAL SUBDIVISION FOR THE ACQUISITION OR CONSTRUCTION OF A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET IF CONSTRUCTION OCCURRED PRIOR TO THE SALE OF THE ORIGINAL MEETING AND EXHIBIT SPACE, AND TO PROVIDE CONDITIONS UNDER WHICH THE EXEMPTION APPLIES. - ratified title"
jurisdiction: "us/states/sc"
legislature: "South Carolina General Assembly"
session: "2021-2022"
identifier: "S 587"
citation: "South Carolina S 587 (2021-2022)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Turner"]
version_count: 4
action_count: 18
vote_count: 2
first_action: "2021-02-23"
last_action: "2021-06-01"
source: "openstates"
source_identifier: "ocd-bill/dfe995ac-f97a-4664-b605-1a5362f04f4d"
source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=587&session=124&summary=B"
source_hash: "cc69684b9102e3ea3b8ebe94e3f8e7b18249b4536c921f95ef2a797f13734565"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-sc"]
---
# South Carolina S 587 (2021-2022) — Economic bond for conventions and trade shows
AN ACT TO AMEND SECTION 11-41-75, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO ECONOMIC DEVELOPMENT BONDS FOR CONVENTIONS AND TRADE SHOWS, SO AS TO PROVIDE THAT THE PROVISIONS REQUIRING THE REIMBURSEMENT OF BOND PROCEEDS, PLUS INTEREST, UPON THE SALE OF A MEETING AND EXHIBIT SPACE ARE NOT APPLICABLE IF THE SALE PROCEEDS ARE USED IN THEIR ENTIRETY FOR A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET, OR TO REIMBURSE A STATE AGENCY, INSTRUMENTALITY, OR POLITICAL SUBDIVISION FOR THE ACQUISITION OR CONSTRUCTION OF A NEW MEETING AND EXHIBIT SPACE OF NOT LESS THAN FIFTY THOUSAND SQUARE FEET IF CONSTRUCTION OCCURRED PRIOR TO THE SALE OF THE ORIGINAL MEETING AND EXHIBIT SPACE, AND TO PROVIDE CONDITIONS UNDER WHICH THE EXEMPTION APPLIES. - ratified title
## Version chain
The bill's text revisions, in order — the diff chain from filing to enrollment.
1. **Filed** (filed) — [source](https://www.scstatehouse.gov/sess124_2021-2022/bills/587.htm)
2. **2/23/2021** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210223.htm)
3. **3/31/2021** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210331.htm)
4. **5/4/2021** (committee substitute) — [source](https://www.scstatehouse.gov/sess124_2021-2022/prever/587_20210504.htm)
## Votes
- Passage of Bill — **1073** (pass) · lower
- 2nd Reading — **430** (pass) · upper
## Sponsors
- Turner — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2021-02-23** Introduced and read first time `introduction, reading-1`
- **2021-02-23** Referred to Committee on Finance `referral-committee`
- **2021-03-31** Committee report: Favorable Finance `committee-passage-favorable`
- **2021-04-07** Read second time `reading-2`
- **2021-04-07** Roll call Ayes-43 Nays-0
- **2021-04-08** Read third time and sent to House `passage, reading-3`
- **2021-04-13** Introduced and read first time `introduction, reading-1`
- **2021-04-13** Referred to Committee on Ways and Means `referral-committee`
- **2021-05-04** Committee report: Favorable Ways and Means `committee-passage-favorable`
- **2021-05-06** Debate adjourned until Tues., 5-11-21
- **2021-05-11** Requests for debate-Rep(s). King, Brawley, Pendarvis, Ott, Gilliard, Hosey, Bernstein, Wetmore, KO Johnson, R Williams, Henegan
- **2021-05-11** Read second time `reading-2`
- **2021-05-11** Roll call Yeas-107 Nays-3
- **2021-05-12** Read third time and enrolled `passage, reading-3`
- **2021-05-13** Ratified R 72
- **2021-05-17** Signed By Governor `executive-signature`
- **2021-06-01** Effective date 05/17/21
- **2021-06-01** Act No. 58
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/dfe995ac-f97a-4664-b605-1a5362f04f4d`. Confidence: reported (aggregated from official South Carolina legislature records).