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---
type: "Bill"
title: "Grain and Cotton Producers Guaranty Fund"
description: "AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 46-41-230, RELATING TO THE SOUTH CAROLINA GRAIN AND COTTON PRODUCERS GUARANTY FUND'S AMOUNT AND CLAIMS, SO AS TO PROVIDE THAT, IF THERE IS AN INSUFFICIENT AMOUNT OF MONEY TO COVER ALL CLAIMS, THEN PAYMENTS MUST BE MADE ON A PRO RATA BASIS, AND THE PRO RATA DETERMINATION SHALL BE BASED UPON THE PRODUCER'S TOTAL LOSS AMOUNT AS WELL AS THE TOTAL NUMBER OF EXEMPTIONS GRANTED TO THE PRODUCER; AND BY AMENDING SECTION 46-41-250, RELATING TO THE SOUTH CAROLINA GRAIN AND COTTON PRODUCERS GUARANTY FUND, SO AS TO INCLUDE COTTON. - RATIFIED TITLE"
jurisdiction: "us/states/sc"
legislature: "South Carolina General Assembly"
session: "2023-2024"
identifier: "S 603"
citation: "South Carolina S 603 (2023-2024)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Climer"]
version_count: 5
action_count: 17
vote_count: 2
first_action: "2023-03-07"
last_action: "2023-05-25"
source: "openstates"
source_identifier: "ocd-bill/57f6a574-4cd4-43f6-93c3-2cb7b67430fc"
source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=603&session=125&summary=B"
source_hash: "05bfb8c9212494880600c85225478a1ceaad4e7746f5e241aa22502c4d02c453"
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 603 (2023-2024) — Grain and Cotton Producers Guaranty Fund
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 46-41-230, RELATING TO THE SOUTH CAROLINA GRAIN AND COTTON PRODUCERS GUARANTY FUND'S AMOUNT AND CLAIMS, SO AS TO PROVIDE THAT, IF THERE IS AN INSUFFICIENT AMOUNT OF MONEY TO COVER ALL CLAIMS, THEN PAYMENTS MUST BE MADE ON A PRO RATA BASIS, AND THE PRO RATA DETERMINATION SHALL BE BASED UPON THE PRODUCER'S TOTAL LOSS AMOUNT AS WELL AS THE TOTAL NUMBER OF EXEMPTIONS GRANTED TO THE PRODUCER; AND BY AMENDING SECTION 46-41-250, RELATING TO THE SOUTH CAROLINA GRAIN AND COTTON PRODUCERS GUARANTY FUND, SO AS TO INCLUDE COTTON. - 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/sess125_2023-2024/bills/603.htm)
2. **3/15/2023** (committee substitute) — [source](https://www.scstatehouse.gov/sess125_2023-2024/prever/603_20230315.htm)
3. **3/16/2023** (committee substitute) — [source](https://www.scstatehouse.gov/sess125_2023-2024/prever/603_20230316.htm)
4. **3/7/2023** (committee substitute) — [source](https://www.scstatehouse.gov/sess125_2023-2024/prever/603_20230307.htm)
5. **4/27/2023** (committee substitute) — [source](https://www.scstatehouse.gov/sess125_2023-2024/prever/603_20230427.htm)
## Votes
- Passage of Bill — **117–0** (pass) · lower
- 2nd Reading — **42–0** (pass) · upper
## Sponsors
- Climer — primary (person)
## Timeline
The legislative action history — every referral, reading, and vote.
- **2023-03-07** Introduced and read first time `introduction, reading-1`
- **2023-03-07** Referred to Committee on Agriculture and Natural Resources `referral-committee`
- **2023-03-15** Committee report: Favorable Agriculture and Natural Resources `committee-passage-favorable`
- **2023-03-16** Scrivener's error corrected
- **2023-03-28** Read second time `reading-2`
- **2023-03-28** Roll call Ayes-42 Nays-0
- **2023-03-29** Read third time and sent to House `passage, reading-3`
- **2023-03-30** Introduced and read first time `introduction, reading-1`
- **2023-03-30** Referred to Committee on Agriculture, Natural Resources and Environmental Affairs `referral-committee`
- **2023-04-26** Committee report: Favorable Agriculture, Natural Resources and Environmental Affairs `committee-passage-favorable`
- **2023-05-02** Read second time `reading-2`
- **2023-05-02** Roll call Yeas-117 Nays-0
- **2023-05-03** Read third time and enrolled `passage, reading-3`
- **2023-05-11** Ratified R 39
- **2023-05-16** Signed By Governor `executive-signature`
- **2023-05-25** Effective date 05/16/23
- **2023-05-25** Act No. 32
## Source
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/57f6a574-4cd4-43f6-93c3-2cb7b67430fc`. Confidence: reported (aggregated from official South Carolina legislature records).