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State Pension Fiduciary Duty Act

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

SC H 3565 · H · 2023-2024

Stage
Session ended
Sponsors
4
Latest action
Mar 28, 2023

What it does

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "STATE PENSION FIDUCIARY DUTY ACT"; AND BY ADDING SECTION 9-16-110 SO AS TO PROVIDE THAT STATE RETIREMENT FUNDS MUST BE INVESTED SOLELY TO ACHIEVE A RETURN FOR PENSION PLAN BENEFICIARIES AND NOT TO ACHIEVE CERTAIN POLITICAL AND SOCIAL OBJECTIVES.

Read the full text

Where it stands

This bill did not become law and its session has ended, so it can no longer move. It would have to be reintroduced.

  1. Introduced (Current step)

    Introduced · Mar 28, 2023

  2. Committee (Needs attention)

    The session ended first

  3. Floor (Not started)

  4. Law (Not started)

What moved

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Who is involved

Sponsors

The lawmakers who put their names on it, lead sponsors first.

Where it goes next

While a bill can still move, the questions are about people and money in South Carolina.

Work with this bill

State Pension Fiduciary Duty Act | 52