H 5538 South Carolina House · 2025-2026 Regular Session

Guarantee Banking Act

Summary

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

Bill status signed all 5 stages cleared

Introduction

Apr 2026

Committee Review

May 2026

House Passage

Jun 2026

Senate Passage

May 2026

Signed into Law

Jun 2026

Introduced Apr 15, 2026 Signed Jun 30, 2026

Floor votes · Senate May 13, 2026 · House Apr 23, 2026

How they voted

37–2

Passed · 4 other

Total votes 43

May 13, 2026

D Democratic11

7 Yea 2 Nay 2

63% Yea

R Republican32

30 Yea 2

93% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

Jun 30, 2026

Signed into law

Signed By Governor

legislature

Jun 25, 2026

Lower · Passed

Concurred in Senate amendment and enrolled

lower

May 14, 2026

Upper · Passed

Read third time and returned to House with amendments

upper

May 13, 2026

Upper · Passed

Amended

upper

May 13, 2026

Upper · Passed

Committee Amendment Adopted

upper

May 13, 2026

Senate · Passed

Senate Vote: pass (37-2-4)

senate

May 6, 2026

Upper · Passed

Committee report: Favorable with amendment Banking and Insurance

upper

Apr 24, 2026

Lower · Passed

Read third time and sent to Senate

lower

Apr 23, 2026

Lower · Passed

Amended

lower

Apr 23, 2026

House · Passed

House Vote: pass (100-0-14)

house

Apr 22, 2026

Lower · Passed

Committee report: Favorable with amendment Labor, Commerce and Industry

lower

Apr 15, 2026

Committee

Referred to Committee on Labor, Commerce and Industry

lower

Apr 15, 2026

Introduced

Introduced and read first time

lower

25 primary · 0 co-sponsors