South CarolinaH 4748126th General Assembly (2025-2026)House

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 40-59-255 SO AS TO REQUIRE RESIDENTIAL BUILDERS AND RESIDENTIAL SPECIALTY CONTRACTORS TO HOLD CLIENT FUNDS IN ESCROW OR TRUST ACCOUNTS, TO ESTABLISH RELATED RECORDKEEPING REQUIREMENTS, TO PROHIBIT COMMINGLING, TO PROVIDE CRIMINAL AND CIVIL PENALTIES, AND TO AUTHORIZE THE DEPARTMENT OF LABOR, LICENSING AND REGULATION TO ENFORCE THE PROVISIONS OF THIS ACT.

Sponsored By: Thomas E. "Tommy" Pope (Republican)

In Committee

Summary

Residential contractors and residential specialty contractors

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Thomas E. "Tommy" Pope

    Republican • House

Cosponsors

  • Cody T. Mitchell

    Republican • House

  • Sarita L. Edgerton

    Republican • House

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Committee on Labor, Commerce and Industry

    1/13/2026House
  2. Introduced and read first time

    1/13/2026House
  3. Referred to Committee on Labor, Commerce and Industry

    12/16/2025House
  4. Prefiled

    12/16/2025House

Bill Text

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