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South Carolina · 2025-2026 Regular Session · Bill

S 1027: Community development corporations

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

S 1027 is a bill introduced in the South Carolina Senate on March 18, 2026. According to its official title, it concerns: Community development corporations. Primary sponsor: Tom Davis (Republican). Most recent recorded action (March 18, 2026): Referred to Committee on Finance.

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 6-1-200 SO AS TO AUTHORIZE COMMUNITY DEVELOPMENT CORPORATIONS, TO DEFINE TERMS, TO ESTABLISH LENDING AUTHORITY, CONDITIONS AND LIMITATIONS, AND EXEMPTIONS, AND TO PROVIDE A SUNSET CLAUSE.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Tom DavisPrimary sponsorRepublicanSenate46

“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 Finance
  2. Introduced and read first time

Sources

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