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South Carolina · 2025-2026 Regular Session · Bill

S 1069: Guarantee Banking Act

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 1069 is a bill introduced in the South Carolina Senate on March 31, 2026. According to its official title, it concerns: Guarantee Banking Act. Primary sponsor: Tom Alexander (Republican). Most recent recorded action (March 31, 2026): Referred to Committee on Banking and Insurance.

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 SO AS TO ENACT THE "GUARANTEE BANKING ACT"; AND BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO DEFINE TERMS RELATED TO GUARANTEE BANKING; TO PROHIBIT A FINANCIAL INSTITUTION FROM DISCRIMINATING AGAINST A PERSON; AND TO PROVIDE FOR FAIRNESS AND TRANSPARENCY IN BANKING.

Sponsors

Sponsors by party (alphabetical): Republican 1

NameRolePartyChamberDistrict
Tom AlexanderPrimary sponsorRepublicanSenate1

“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 Banking and Insurance
  2. Introduced and read first time

Sources

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