South CarolinaS 0094126th General Assembly (2025-2026)Senate

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.

Sponsored By: Ronnie A. Sabb (Democrat)

In Committee

Summary

SC Education Bank Act

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Ronnie A. Sabb

    Democrat • Senate

Cosponsors

  • Jeffrey R. Graham

    Democrat • Senate

Roll Call Votes

No roll call votes available for this bill.

Actions Timeline

  1. Referred to Committee on Finance

    1/14/2025Senate
  2. Introduced and read first time

    1/14/2025Senate
  3. Referred to Committee on Finance

    12/11/2024Senate
  4. Prefiled

    12/11/2024Senate

Bill Text

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