South Carolina · 2025-2026 Regular Session · Bill
H 3421: Public Employee Retirement Fund Investments
In committee Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
H 3421 is a bill introduced in the South Carolina House on December 5, 2024. According to its official title, it concerns: Public Employee Retirement Fund Investments. Primary sponsor: Steven Long (Republican), Josiah Magnuson (Republican), Fawn Pedalino (Republican), John McCravy (Republican), Bill Chumley (Republican). Most recent recorded action (January 14, 2025): Referred to Committee on Ways and Means.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 9-16-57 SO AS TO PROVIDE THAT THE RETIREMENT INVESTMENT COMMISSION MAY NOT INVEST PUBLIC EMPLOYEE RETIREMENT FUNDS IN CERTAIN COMPANIES OWNED, IN WHOLE OR IN PART, BY THE PEOPLE'S REPUBLIC OF CHINA OR THE CHINESE COMMUNIST PARTY.
Sponsors
Sponsors by party (alphabetical): Republican 5
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Steven Long | Primary sponsor | Republican | House | 37 |
| Josiah Magnuson | Primary sponsor | Republican | House | 38 |
| Fawn Pedalino | Primary sponsor | Republican | House | 64 |
| John McCravy | Primary sponsor | Republican | House | 13 |
| Bill Chumley | Primary sponsor | Republican | House | 35 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Referred to Committee on Ways and Means
- Introduced and read first time
- Referred to Committee on Ways and Means
- Prefiled