govt.fyi
South Carolina General Assembly · H 5538 · Act No. 257

Guarantee Banking Act

Introduced
Moved
Reached a final decision
Became law
Derived from the official record below.

Officially: “AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "GUARANTEE BANKING ACT" BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROVIDE FOR FAIRNESS AND TRANSPARENCY IN BANKING. - RATIFIED TITLE Read the full text

Official title shown verbatim from the official record. Plain-language summary coming as coverage deepens. Not legal advice.
126th session (2025-2026)

Where it is

Show all 29 actions
Introduced and read first time (House Journal-page 40) · Apr 15, 2026

House

Referred to Committee on Labor, Commerce and Industry (House Journal-page 40) · Apr 15, 2026

House

Member(s) request name added as sponsor: Cromer, Gilreath · Apr 22, 2026

House

Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 4) · Apr 22, 2026

House

Member(s) request name added as sponsor: Morgan, Lastinger, Huff, Burns, Chumley, Kilmartin, Beach, D.Mitchell, McCabe, Pedalino, Vaughan · Apr 22, 2026

House

Member(s) request name added as sponsor: Gibson, Govan · Apr 23, 2026

House

Amended (House Journal-page 121) · Apr 23, 2026

House

Read second time (House Journal-page 121) · Apr 23, 2026

House

Roll call Yeas-109 Nays-0 (House Journal-page 121) · Apr 23, 2026

House

Unanimous consent for third reading on next legislative day (House Journal-page 123) · Apr 23, 2026

House

Scrivener's error corrected · Apr 23, 2026
Read third time and sent to Senate (House Journal-page 3) · Apr 24, 2026

House

Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 10) · May 6, 2026

Senate

Special order, set for May12, 2026 (Senate Journal-page 59) · May 12, 2026

Senate

Committee Amendment Adopted (Senate Journal-page 76) · May 13, 2026

Senate

Amended (Senate Journal-page 76) · May 13, 2026

Senate

Read second time (Senate Journal-page 76) · May 13, 2026

Senate

Roll call Ayes-38 Nays-2 (Senate Journal-page 76) · May 13, 2026

Senate

Scrivener's error corrected · May 14, 2026
Scrivener's error corrected · May 14, 2026
Read third time and returned to House with amendments (Senate Journal-page 108) · May 14, 2026

Senate

Debate adjourned (House Journal-page 9) · May 15, 2026

House

Debate adjourned (House Journal-page 6) · May 18, 2026

House

Concurred in Senate amendment and enrolled · Jun 25, 2026

House

Roll call Yeas-99 Nays-0 · Jun 25, 2026

House

Ratified R 274 · Jun 29, 2026
Signed By Governor · Jun 30, 2026
Effective date 12/30/26 · Jul 1, 2026
Act No. 257 · Jul 1, 2026

The numbers

26
sponsors on the bill

Sponsors

PopeHerbkersmanG.M. SmithHartzW. NewtonJordanLigonOremusNeeseTaylorHiottCromerGilreathMorganLastingerHuffBurnsChumleyBeachD. MitchellMcCabePedalinoVaughanKilmartinGibsonGovan

Recorded votes

Concur in Senate AmendmentsHouse · 2026-06-25 · Passed · Yeas 99, Nays 0, Excused Absence 16, Not Voting 9
2nd ReadingSenate · 2026-05-13 · Passed · Ayes 38, Nays 2, Excused Absence 4
to lay on the tableSenate · 2026-05-13 · Failed · Ayes 17, Nays 23, Excused Absence 4
Passage of BillHouse · 2026-04-23 · Passed · Yeas 109, Nays 0, Excused Absence 6, Not Voting 9
Roll-call results shown verbatim from the South Carolina legislature’s records. A result reflects that roll call’s own motion, not the bill’s overall outcome.
Every fact on this page links to its source, starting with the official bill record. Last action: Act No. 257 (Jul 1, 2026).