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SC S0933
Bill
Status
Introduced
2/18/2026
Primary Sponsor
Shane Martin
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AI Summary
- Sets annual legislative compensation and in-district legislative service allowance for South Carolina General Assembly members at $47,500
- Requires biennial salary adjustments based on consumer price index (chained methodology), capped at 5% per adjustment period
- Revenue and Fiscal Affairs Authority must calculate and publish the biennial adjustment before the second Tuesday in January following House elections
- Modifies the General Assembly Retirement System by removing the additional $12,000 from earnable compensation calculations, limiting it to only the daily rate of remuneration multiplied by 40
- Takes effect upon Governor's approval
Legislative Description
Legislative Salary
Last Action
Referred to Committee on Finance
2/18/2026
Committee Referrals
Finance2/18/2026
Full Bill Text
No bill text available