South Carolina General Assembly
126th Session, 2025-2026
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Indicates Matter Stricken
Indicates New Matter
H. 3914
STATUS INFORMATION
General Bill
Sponsors: Reps. Bernstein, Bailey, W. Newton, Hardee, McGinnis, Atkinson, Hayes and Schuessler
Document Path: LC-0046PH25.docx
Introduced in the House on February 6, 2025
Labor, Commerce and Industry
HISTORY OF LEGISLATIVE ACTIONS
| Date | Body | Action Description with journal page number |
|---|---|---|
| 2/6/2025 | House | Introduced and read first time (House Journal-page 29) |
| 2/6/2025 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 29) |
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VERSIONS OF THIS BILL
A bill
TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 62-6-101, RELATING TO DEFINITIONS, SO AS TO INCLUDE PATRONAGE CAPITAL ACCOUNTS OF AN ELECTRIC COOPERATIVE OR A TELEPHONE COOPERATIVE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 62-6-101(1) of the S.C. Code is amended to read:
(1) "Account" means:
(a) a contract of deposit between a depositor and a financial institution, and includes a checking account, savings account, certificate of deposit, share account, and other like arrangements; or
(b) a patronage capital account of an electric cooperative or a telephone cooperative pursuant to Sections 33-49-460 and 33-46-460.
SECTION 2. This act takes effect on July 1, 2025.
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This web page was last updated on February 6, 2025 at 11:06 AM