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SC S0369

Bill

Status

Engrossed

5/7/2025

Primary Sponsor

Thomas Young

Click for details

Origin

Senate

126th General Assembly

AI Summary

  • Transfers administration of South Carolina's State Commodity Code from the Secretary of State to the Attorney General

  • Expands the Administrator's authority to issue cease and desist orders and impose civil penalties up to $10,000 per violation or $100,000 for multiple violations in related proceedings

  • Allows the Administrator to maintain enforcement actions in Richland County Court of Common Pleas, with remedies including injunctions, asset freezes, receiver appointments, disgorgement, and restitution

  • Permits the Attorney General's Office to retain up to $750,000 annually from fines and penalties to offset enforcement costs, with excess funds deposited to the general fund

  • Requires the Attorney General to submit annual reports to legislative leadership detailing civil penalties collected, restitution ordered, funds retained, and amounts deposited to the general fund

Legislative Description

Commodity Code Execution

Last Action

Referred to Committee on Labor, Commerce and Industry

5/8/2025

Committee Referrals

Labor, Commerce and Industry5/8/2025
Labor, Commerce and Industry4/16/2025
Agriculture and Natural Resources2/20/2025

Full Bill Text

No bill text available