Bill > H3234

This bill amends South Carolina law by adding a new section that prohibits employers from using an individual's credit score as a basis for employment-related decisions, including interviewing, hiring, firing, promoting, or demoting employees. The bill defines several key terms, such as "consumer" (an individual person), "credit report" (a communication of information about a person's creditworthiness), and "credit score" (a numeric value used to predict credit behavior). Employers who violate this prohibition would be guilty of a misdemeanor and face penalties including a fine between $10 and $50 or imprisonment for 10 to 30 days. The legislation aims to protect job seekers from potential discrimination based on their financial history, recognizing that credit scores may not always be a fair or accurate reflection of an individual's professional capabilities. The bill would take effect upon approval by the Governor, potentially providing immediate protection for workers in South Carolina against credit-based employment discrimination.

Business and Industry

https://www.scstatehouse.gov/billsearch.php?billnumbers=3234&session=126&summary=B