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State Government / South Carolina / Legislation / H 5538

H 5538Session 2025-2026HouseBecame law

Guarantee Banking Act

AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "GUARANTEE BANKING ACT" BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROVIDE FOR FAIRNESS AND TRANSPARENCY IN BANKING. - RATIFIED TITLE

Latest development · Jul 1, 2026

Act No. 257

Your view
Source record ↗
Session
2025-2026
Introduced
Apr 15, 2026
Latest passage
May 14, 2026
TopicsSponsorsActionsDiscussion

Topics and classification

Civixly topics

Business & Economy

Document type

Bill

Sponsors

Primary sponsors are listed before cosponsors and other sponsoring entities.

Primary sponsorBeach
Primary sponsorBurns
Primary sponsorChumley
Primary sponsorCromer
Primary sponsor

D. Mitchell

Primary sponsorG.M. Smith
Primary sponsorGibson
Primary sponsorGilreath
Primary sponsorGovan
Primary sponsorHartz
Primary sponsorHerbkersman
Primary sponsorHiott
Primary sponsorHuff
Primary sponsorJordan
Primary sponsorKilmartin
Primary sponsor

Lastinger

Primary sponsorLigon
Primary sponsorMcCabe
Primary sponsorMorgan
Primary sponsorNeese
Primary sponsorOremus
Primary sponsorPedalino
Primary sponsorPope
Primary sponsorTaylor
Primary sponsorVaughan
Primary sponsorW. Newton

Action timeline

Newest action first. Action language is supplied by the state source.

View full action timeline29 actions⌄
  1. Jul 1, 2026

    Act No. 257

    South Carolina Legislature
  2. Jul 1, 2026

    Effective date 12/30/26

    South Carolina Legislature
  3. Jun 30, 2026

    Signed By Governor

    Executive SignatureSouth Carolina Legislature
  4. Jun 29, 2026

    Ratified R 274

    South Carolina Legislature
  5. Jun 25, 2026

    Roll call Yeas-99 Nays-0

    House
  6. Jun 25, 2026

    Concurred in Senate amendment and enrolled

    House
  7. May 18, 2026

    Debate adjourned

    House
  8. May 15, 2026

    Debate adjourned

    House
  9. May 14, 2026

    Read third time and returned to House with amendments

    PassageReading 3Senate
  10. May 14, 2026

    Scrivener's error corrected

    South Carolina Legislature
  11. May 14, 2026

    Scrivener's error corrected

    South Carolina Legislature
  12. May 13, 2026

    Roll call Ayes-38 Nays-2

    Senate
  13. May 13, 2026

    Read second time

    Reading 2Senate
  14. May 13, 2026

    Amended

    Amendment PassageSenate
  15. May 13, 2026

    Committee Amendment Adopted

    Amendment PassageSenate
  16. May 12, 2026

    Special order, set for May12, 2026

    Senate
  17. May 6, 2026

    Committee report: Favorable with amendment Banking and Insurance

    Committee Passage FavorableSenate
  18. Apr 24, 2026

    Read third time and sent to Senate

    PassageReading 3House
  19. Apr 23, 2026

    Scrivener's error corrected

    South Carolina Legislature
  20. Apr 23, 2026

    Unanimous consent for third reading on next legislative day

    House
  21. Apr 23, 2026

    Roll call Yeas-109 Nays-0

    House
  22. Apr 23, 2026

    Read second time

    Reading 2House
  23. Apr 23, 2026

    Amended

    Amendment PassageHouse
  24. Apr 23, 2026

    Member(s) request name added as sponsor: Gibson, Govan

    House
  25. Apr 22, 2026

    Member(s) request name added as sponsor: Morgan, Lastinger, Huff, Burns, Chumley, Kilmartin, Beach, D.Mitchell, McCabe, Pedalino, Vaughan

    House
  26. Apr 22, 2026

    Committee report: Favorable with amendment Labor, Commerce and Industry

    Committee Passage FavorableHouse
  27. Apr 22, 2026

    Member(s) request name added as sponsor: Cromer, Gilreath

    House
  28. Apr 15, 2026

    Referred to Committee on Labor, Commerce and Industry

    Referral CommitteeHouse
  29. Apr 15, 2026

    Introduced and read first time

    IntroductionReading 1House

H 5538 discussion

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State legislative data provided by Open States and linked legislature sources when available.

Civixly tracks state bill actions, passage dates, and sponsors. Member-level state roll-call histories are not included.

Source data last updated Jul 1, 2026.