State Pension Fiduciary Duty Act
Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "STATE PENSION FIDUCIARY DUTY ACT"; AND BY ADDING SECTION 9-16-110 SO AS TO PROVIDE THAT STATE RETIREMENT FUNDS MUST BE INVESTED SOLELY TO ACHIEVE A RETURN FOR PENSION PLAN BENEFICIARIES AND NOT TO ACHIEVE CERTAIN POLITICAL AND SOCIAL OBJECTIVES.
Bill status
in committee
1 of 4 stages cleared
Introduction
Jan 2023
Committee Review
Floor Vote
Governor
Introduced Jan 10, 2023
Last action Mar 28, 2023
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
5
Key actions
0
Committee
2
Jan 10, 2023
Committee
Referred to Committee on Ways and Means
lower
Jan 10, 2023
Introduced
Introduced and read first time
lower
Dec 15, 2022
Committee
Referred to Committee on Ways and Means
lower
4 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
Doug Gilliam
RRepublican
P
Jordan Pace
RRepublican
P
Matt Leber
RRepublican
P
Mike Burns
RRepublican
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