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South Carolina · 2025-2026 Regular Session · Bill

S 60: Local entity secured deposits

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 60 is a bill introduced in the South Carolina Senate on December 11, 2024. According to its official title, it concerns: Local entity secured deposits. Primary sponsor: Sean Bennett (Republican), Allen Blackmon (Republican), Tom Davis (Republican), Wes Climer (Republican), Josh Kimbrell (Republican), Michael Johnson (Republican), Everett Stubbs (Republican). Most recent recorded action (February 26, 2025): Committed 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 BY AMENDING SECTION 6-5-15, RELATING TO SECURING DEPOSITS OF FUNDS BY LOCAL ENTITIES, SO AS TO INCLUDE PROVISIONS CONCERNING CREDIT UNIONS AND THE NATIONAL CREDIT UNION SHARE INSURANCE FUND.

Sponsors

Sponsors by party (alphabetical): Republican 7

NameRolePartyChamberDistrict
Sean BennettPrimary sponsorRepublicanSenate38
Allen BlackmonPrimary sponsorRepublicanSenate27
Tom DavisPrimary sponsorRepublicanSenate46
Wes ClimerPrimary sponsorRepublicanSenate15
Josh KimbrellPrimary sponsorRepublicanSenate11
Michael JohnsonPrimary sponsorRepublicanSenate16
Everett StubbsPrimary sponsorRepublicanSenate17

“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. Committed to Committee on Banking and Insurance
  2. Recalled from Committee on Finance
  3. Referred to Committee on Finance
  4. Introduced and read first time
  5. Referred to Committee on Finance
  6. Prefiled

Sources

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