South Carolina · 2025-2026 Regular Session · Bill
H 5538: Guarantee Banking Act
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
H 5538 is a bill introduced in the South Carolina House on April 15, 2026. According to its official title, it concerns: Guarantee Banking Act. Primary sponsor: Tommy Pope (Republican), Bill Herbkersman (Republican), Murrell Smith (Republican), Charlie Hartz (Republican), Weston Newton (Republican), Jay Jordan (Republican), Randy Ligon (Republican), Melissa Oremus (Republican), Mike Neese (Republican), Bill Taylor (Republican), Davey Hiott (Republican), April Cromer (Republican), Lee Gilreath (Republican), Alan Morgan (Republican), John Lastinger (Republican), Chris Huff (Republican), Mike Burns (Republican), Bill Chumley (Republican), Thomas Beach (Republican), Dianne Mitchell (Republican), Ryan McCabe (Republican), Fawn Pedalino (Republican), David Vaughan (Republican), Jay Kilmartin (Republican), Daniel Gibson (Republican), Jerry Govan (Democratic). Most recent recorded action (July 1, 2026): Act No. 257.
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.
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
Sponsors
Sponsors by party (alphabetical): Democratic 1 · Republican 25
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Tommy Pope | Primary sponsor | Republican | House | 47 |
| Bill Herbkersman | Primary sponsor | Republican | House | 118 |
| Murrell Smith | Primary sponsor | Republican | House | 67 |
| Charlie Hartz | Primary sponsor | Republican | House | 81 |
| Weston Newton | Primary sponsor | Republican | House | 120 |
| Jay Jordan | Primary sponsor | Republican | House | 63 |
| Randy Ligon | Primary sponsor | Republican | House | 43 |
| Melissa Oremus | Primary sponsor | Republican | House | 84 |
| Mike Neese | Primary sponsor | Republican | House | 44 |
| Bill Taylor | Primary sponsor | Republican | House | 86 |
| Davey Hiott | Primary sponsor | Republican | House | 4 |
| April Cromer | Primary sponsor | Republican | House | 6 |
| Lee Gilreath | Primary sponsor | Republican | House | 7 |
| Alan Morgan | Primary sponsor | Republican | House | 18 |
| John Lastinger | Primary sponsor | Republican | House | 88 |
| Chris Huff | Primary sponsor | Republican | House | 28 |
| Mike Burns | Primary sponsor | Republican | House | 17 |
| Bill Chumley | Primary sponsor | Republican | House | 35 |
| Thomas Beach | Primary sponsor | Republican | House | 10 |
| Dianne Mitchell | Primary sponsor | Republican | House | 21 |
| Ryan McCabe | Primary sponsor | Republican | House | 96 |
| Fawn Pedalino | Primary sponsor | Republican | House | 64 |
| David Vaughan | Primary sponsor | Republican | House | 27 |
| Jay Kilmartin | Primary sponsor | Republican | House | 85 |
| Daniel Gibson | Primary sponsor | Republican | House | 12 |
| Jerry Govan | Primary sponsor | Democratic | House | 93 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Act No. 257
- Effective date 12/30/26
- Signed By Governor
- Ratified R 274
- Roll call Yeas-99 Nays-0
- Concurred in Senate amendment and enrolled
- Debate adjourned
- Debate adjourned
- Read third time and returned to House with amendments
- Scrivener's error corrected
- Scrivener's error corrected
- Roll call Ayes-38 Nays-2
Showing 12 most recent of 29 actions. Full history