S 94 South Carolina Senate · 2025-2026 Regular Session

SC Education Bank Act

Summary
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS SO AS TO ENACT THE "SOUTH CAROLINA EDUCATION BANK ACT"; AND BY ADDING CHAPTER 59 TO TITLE 11 SO AS TO CREATE THE "SOUTH CAROLINA EDUCATION BANK," TO ESTABLISH A GOVERNING BOARD, TO PROVIDE FOR THE POWERS OF THE BANK, TO FUND THE BANK, TO PROVIDE LIABILITY PROTECTIONS, TO PROVIDE FOR DEPOSITS, TO PROVIDE FOR ANNUAL REPORTING REQUIREMENTS, TO PROVIDE FOR LOCAL SCHOOL BOARD FUNDING REQUEST REQUIREMENTS, AND TO DEFINE NECESSARY TERMS.
Bill status in committee 1 of 4 stages cleared
Introduction
Jan 2025
Committee Review
Floor Vote
Governor
Introduced Jan 14, 2025 Last action Jan 17, 2025
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Full legislative history

Actions timeline

Total actions
5
Key actions
0
Committee
2
Jan 14, 2025
Committee
Referred to Committee on Finance
upper
Jan 14, 2025
Introduced
Introduced and read first time
upper
Dec 11, 2024
Committee
Referred to Committee on Finance
upper
2 primary · 0 co-sponsors

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