Legislation Detail Page

Select a different bill

S 0035 -	Allows post-employment benefits to be invested in equity securities

Tracking Level:

Of Interest

Sponsor:

Kevin L. Bryant

Last Action:

2/3/2015 - House - Referred to Committee on Ways and Means

Senate Committee:

Assigned To:

Employment/Personnel	Next Bill
GASB 45	Next Bill

Staff Analysis of the Legislation
01.21.2015 The Senate Finance Committee gave this bill a favorable report. Summary of the bill as introduced: Allows money set aside by a political subdivisions to fund post-employment benefits of employees of the political subdivision, including funds invested in an independent trust for that same purpose, to be invested in equity securities.

Bill Summary from the State Site - Click for the State Summary Page / Click for Current Full Text

Municipal Association of South Carolina
1411 Gervais St., PO Box 12109, Columbia, SC 29211
Phone: 803.799.9574, Fax: 803.933.1299, mail@masc.sc