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South Carolina · 2025-2026 Regular Session · Bill

H 5544: Public and Private Financial Transactions

In committee Official data

  1. Introduced
  2. In committee
  3. Passed one chamber
  4. Passed both chambers
  5. Enacted

Last official action: ·Record last updated:

Plain-language summary

H 5544 is a bill introduced in the South Carolina House on April 16, 2026. According to its official title, it concerns: Public and Private Financial Transactions. Primary sponsor: Mike Burns (Republican), Josiah Magnuson (Republican). Most recent recorded action (April 16, 2026): 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 34-31-30 SO AS TO PROVIDE THAT LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE, INCLUDES ONLY GOLD COINS, SILVER COINS, AND UNITED STATES CURRENCIES.

Sponsors

Sponsors by party (alphabetical): Republican 2

NameRolePartyChamberDistrict
Mike BurnsPrimary sponsorRepublicanHouse17
Josiah MagnusonPrimary sponsorRepublicanHouse38

“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.

Recent official actions

  1. Referred to Committee on Ways and Means
  2. Introduced and read first time

Sources

  1. Open States / Plural (data from the official legislature website)
  2. Official legislature source