South CarolinaH 3756126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE "QUALIFIED INDEPENDENT THIRD PARTY" AND TO ALLOW AN ELECTRIC UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE AND ITS COST OF CAPITAL FROM THE DATE OF THE STORM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS; AND BY AMENDING SECTION 58-27-1110, RELATING TO THE PETITION FOR FINANCING ORDER AND REQUIREMENTS, SO AS TO ALLOW AN ELECTRIC UTILITY TO DEFER THE REVIEW AND APPROVAL OF A FINANCING ORDER.

Sponsored By: William G. "Bill" Herbkersman (Republican)

Passed

Summary

Storm Damage Recovery

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • William G. "Bill" Herbkersman

    Republican • House

Cosponsors

  • Cally R. "Cal" Forrest, Jr.

    Republican • House

  • Gil Gatch

    Republican • House

  • William "Bill" Hager

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 99 • No: 0

House vote 3/5/2025

(Storm Damage Recovery)Passage of Bill

Yes: 99 • No: 0

Actions Timeline

  1. Referred to Committee on Judiciary

    3/11/2025Senate
  2. Introduced and read first time

    3/11/2025Senate
  3. Read third time and sent to Senate

    3/6/2025House
  4. Roll call Yeas-99 Nays-0

    3/5/2025House
  5. Read second time

    3/5/2025House
  6. Amended

    3/5/2025House
  7. Debate adjourned until Wed., 3-5-25

    3/4/2025House
  8. Member(s) request name added as sponsor: Forrest

    3/4/2025House
  9. Committee report: Favorable Labor, Commerce and Industry

    2/26/2025House
  10. Referred to Committee on Labor, Commerce and Industry

    1/15/2025House
  11. Introduced and read first time

    1/15/2025House

Bill Text

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