S 559 South Carolina Senate · 2023-2024 Regular Session

Banking Practices

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT BANKS MAY NOT USE SOCIAL CREDIT SCORES WHEN MAKING DECISIONS CONCERNING WHETHER TO PROVIDE SERVICES TO A CONSUMER OR BUSINESS ENTITY; AND BY ADDING SECTION 34-26-120 SO AS TO PROVIDE THAT CREDIT UNIONS MAY NOT USE SOCIAL CREDIT SCORES WHEN MAKING DECISIONS CONCERNING WHETHER TO PROVIDE SERVICES TO A CONSUMER OR BUSINESS ENTITY.
Bill status in committee 1 of 4 stages cleared
Introduction
Feb 2023
Committee Review
Floor Vote
Governor
Introduced Feb 22, 2023 Last action Feb 22, 2023
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Full legislative history

Actions timeline

Total actions
2
Key actions
0
Committee
1
Feb 22, 2023
Committee
Referred to Committee on Banking and Insurance
upper
Feb 22, 2023
Introduced
Introduced and read first time
upper
9 primary · 0 co-sponsors

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