Bill Commons

SC H 3304

in committee

Banning Central Bank Digital Currency

South Carolina · 2026 Regular Session · lower

Description

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 36-1-201, RELATING TO COMMERCIAL CODE GENERAL DEFINITIONS, SO AS TO ADD THE DEFINITION OF "CENTRAL BANK DIGITAL CURRENCY" AND TO AMEND THE DEFINITION OF "MONEY" TO EXCLUDE CENTRAL BANK DIGITAL CURRENCY; BY AMENDING SECTION 26-6-160, RELATING TO CONTROL OF TRANSFERABLE RECORDS PURSUANT TO THE UNIFORM ELECTRONIC TRANSACTIONS ACT, SO AS TO MAKE A TECHNICAL CHANGE; BY AMENDING SECTION 34-3-210, RELATING TO THE GENERAL POWERS OF A BANKING CORPORATION, SO AS TO PROHIBIT A BANKING CORPORATION FROM OFFERING ANY SERVICE OR APPROVING OF OR CONDUCTING ANY TRANSACTION THAT INVOLVES CENTRAL BANK DIGITAL CURRENCY; AND TO REQUIRE THE STATE BOARD OF FINANCIAL INSTITUTIONS TO PROMULGATE REGULATIONS TO PROHIBIT ENTITIES WITHIN ITS JURISDICTION FROM OFFERING OR PROVIDING ANY SERVICE OR CONDUCTING ANY TRANSACTION THAT WOULD UTILIZE CENTRAL BANK DIGITAL CURRENCY.

Introduced
2025-01-14
Status date
—
Latest action
2025-02-12 — Member(s) request name added as sponsor: Edgerton
Bill type
bill
Last updated
—

Sponsors

  • Landingprimary
  • Magnusonprimary
  • Chumleyprimary
  • Edgertonprimary

Committees

Not provided by source.

Action timeline

  1. 2024-12-05

    Prefiled

    filing

  2. 2024-12-05

    Referred to Committee on Labor, Commerce and Industry

    referral-committee

  3. 2025-01-14

    Introduced and read first time

    introduction,reading-1

  4. 2025-01-14

    Referred to Committee on Labor, Commerce and Industry

    referral-committee

  5. 2025-02-12

    Member(s) request name added as sponsor: Edgerton

Versions

Documents

Votes

Not provided by source.

Related bills

No related bills recorded for this bill.

Official source

https://www.scstatehouse.gov/billsearch.php?billnumbers=3304&session=126&summary=B

Attribution

Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:06.227230Z

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