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S 420

BillStateSCSenate
Investment of Funds by Political Subdivisions
About This Bill
Latest Action · Jun 5, 2026
Effective date 05/19/26
Session
2025-2026
Introduced
Mar 5, 2025
Primary Sponsor
Young· primary

Summary

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AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 6-5-10, RELATING TO AUTHORIZED INVESTMENTS OF FUNDS BY POLITICAL SUBDIVISIONS, SO AS TO AUTHORIZE CERTAIN INVESTMENT-GRADE CORPORATE DEBT INVESTMENTS BY QUALIFIED RETIREE POST-EMPLOYMENT BENEFITS TRUSTS AND TO PROVIDE REQUIREMENTS AND LIMITATIONS FOR SUCH INVESTMENTS. - RATIFIED TITLE

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