States / South Carolina / S 420

S 420 Enacted

Investment of Funds by Political Subdivisions

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

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

Chamber
Senate
Introduced
Mar 5, 2025
Last action
Jun 3, 2026 — Act No. 223
Session
2025-2026
Momentum
84 · Very high