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SC H4392

Bill

Official Source

Status

Introduced

4/23/2025

Primary Sponsor

David Martin

Click for details

Origin

House of Representatives

126th General Assembly

AI Summary

  • Requires all institutions providing wire transfer services to charge a $5 fee on each international wire transfer

  • All fees collected must be remitted to the South Carolina Law Enforcement Division (SLED)

  • Adds new Section 34-3-120 to the South Carolina Code of Laws under banking regulations

  • Takes effect upon approval by the Governor

Legislative Description

International wire transfers

Last Action

Referred to Committee on Labor, Commerce and Industry

4/23/2025

Committee Referrals

Labor, Commerce and Industry4/23/2025

Full Bill Text

No bill text available