summary
Introduced
01/20/2022
01/20/2022
In Committee
01/20/2022
01/20/2022
Crossed Over
Passed
Dead
05/12/2022
05/12/2022
Introduced Session
124th General Assembly
Bill Summary
Amend Section 6-5-10, Code Of Laws Of South Carolina, 1976, Relating To Authorized Investments Of A Political Subdivision, So As To Prohibit Each Political Subdivision From Investing In Certain Companies Owned Or Controlled By The People's Republic Of China Or The Chinese Communist Party Or Whose Principal Place Of Business Is Located Within The People's Republic Of China.
AI Summary
This bill amends Section 6-5-10 of the South Carolina Code of Laws to prohibit political subdivisions, such as municipalities, counties, and school districts, from investing in any company or development that is owned or controlled by the People's Republic of China or the Chinese Communist Party, or whose principal place of business is located within China. The bill defines key terms like "Chinese Communist Party" and "company" to provide context and clarification.
Committee Categories
Justice
Sponsors (8)
Patrick Haddon (R)*,
Mike Burns (R),
Doug Gilliam (R),
Stewart Jones (R),
Steven Long (R),
Josiah Magnuson (R),
Melissa Oremus (R),
Ashley Trantham (R),
Last Action
Member(s) request name added as sponsor: Gilliam (on 01/27/2022)
bill text
bill summary
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bill summary
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bill summary
| Document Type | Source Location | Created |
|---|---|---|
| State Bill Page | https://www.scstatehouse.gov/billsearch.php?billnumbers=4841&session=124&summary=B | 01/20/2022 |
| BillText | https://www.scstatehouse.gov/sess124_2021-2022/prever/4841_20220120.htm | 01/20/2022 |
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