South CarolinaH 3925126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 11-3-250 SO AS TO PROVIDE THAT THE COMPTROLLER GENERAL SHALL CONFIRM THE ACCURACY OF CASH AND INVESTMENTS IN THE TREASURY FOR THE PREVIOUS FISCAL YEAR ANNUALLY; BY ADDING SECTION 11-5-290 SO AS TO PROVIDE THAT THE STATE TREASURER SHALL MAINTAIN AN ACCOUNTING OF CASH AND INVESTMENTS IN THE TREASURY BY AGENCY AND FUND; BY AMENDING SECTION 11-5-185, RELATING TO THE TREASURER'S ANNUAL REPORT TO THE GENERAL ASSEMBLY, SO AS TO PROVIDE THAT THE STATE TREASURER SHALL ENSURE ACCURACY OF CERTAIN FINANCIAL DATA AND INFORM THE GENERAL ASSEMBLY OF ANY SUBSTANTIVE CONCERNS; AND BY AMENDING SECTION 11-7-60, RELATING TO THE COMPREHENSIVE ANNUAL FINANCIAL REPORT, SO AS TO PROVIDE THAT THE STATE AUDITOR MAY NOT CONTRACT WITH THE SAME EXTERNAL AUDITING FIRM WITHOUT PRIOR REVIEW BY THE JOINT BOND REVIEW COMMITTEE.

Sponsored By: Bruce W. Bannister (Republican)

Passed

Summary

State Finances

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Bruce W. Bannister

    Republican • House

Cosponsors

  • Brandon Newton

    Republican • House

  • Micajah P. "Micah" Caskey IV

    Republican • House

  • G. Murrell Smith, Jr.

    Republican • House

  • Christopher R. "Chris" Hart

    Democrat • House

  • Murphy

    Affiliation unavailable

  • Richard L. "Richie" Yow

    Republican • House

Roll Call Votes

All Roll Calls

Yes: 111 • No: 0

House vote 4/22/2025

(State Finances)Passage of Bill

Yes: 111 • No: 0

Actions Timeline

  1. Referred to Committee on Finance

    4/23/2025Senate
  2. Introduced and read first time

    4/23/2025Senate
  3. Read third time and sent to Senate

    4/23/2025House
  4. Roll call Yeas-111 Nays-0

    4/22/2025House
  5. Read second time

    4/22/2025House
  6. Amended

    4/22/2025House
  7. Member(s) request name added as sponsor: Hart

    4/22/2025House
  8. Committee report: Favorable with amendment Ways and Means

    4/9/2025House
  9. Referred to Committee on Ways and Means

    2/6/2025House
  10. Introduced and read first time

    2/6/2025House

Bill Text

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