Investment of Funds by Political Subdivisions
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 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...” 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 21 actions
Introduced and read first time (Senate Journal-page 15) · Mar 5, 2025
Senate
Referred to Committee on Finance (Senate Journal-page 15) · Mar 5, 2025
Senate
Committee report: Favorable with amendment Finance (Senate Journal-page 7) · Feb 18, 2026
Senate
Scrivener's error corrected · Feb 23, 2026
Committee Amendment Adopted (Senate Journal-page 13) · Feb 24, 2026
Senate
Read second time (Senate Journal-page 13) · Feb 24, 2026
Senate
Roll call Ayes-44 Nays-0 (Senate Journal-page 13) · Feb 24, 2026
Senate
Read third time and sent to House (Senate Journal-page 15) · Feb 25, 2026
Senate
Introduced and read first time (House Journal-page 15) · Feb 26, 2026
House
Referred to Committee on Ways and Means (House Journal-page 15) · Feb 26, 2026
House
Committee report: Favorable with amendment Ways and Means (House Journal-page 11) · May 6, 2026
House
Debate adjourned (House Journal-page 81) · May 12, 2026
House
Amended (House Journal-page 34) · May 13, 2026
House
Read second time (House Journal-page 34) · May 13, 2026
House
Roll call Yeas-104 Nays-3 (House Journal-page 50) · May 13, 2026
House
Read third time and returned to Senate with amendments (House Journal-page 7) · May 14, 2026
House
Concurred in House amendment and enrolled (Senate Journal-page 19) · May 14, 2026
Senate
Ratified R 226 · May 15, 2026
Signed By Governor · May 19, 2026
Effective date 05/19/26 · Jun 5, 2026
Act No. 223 · Jun 3, 2026
The numbers
1
sponsor on the bill
Sponsors
Young
Recorded votes
Passage of BillHouse · 2026-05-13 · Passed · Yeas 104, Nays 3, Excused Absence 4, Not Voting 13
2nd ReadingSenate · 2026-02-24 · Passed · Ayes 44, Nays 0, Excused Absence 1
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. 223 (Jun 3, 2026).