Bill Commons

SC H 5250

in committee

Safeguarding Endowment Gifts

South Carolina · 2026 Regular Session · lower

Description

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "SAFEGUARDING ENDOWMENT GIFTS ACT" BY ADDING ARTICLE 2 TO CHAPTER 6, TITLE 34 SO AS TO PROHIBIT CHARITABLE ORGANIZATIONS FROM VIOLATING WRITTEN DONOR RESTRICTIONS EXCEPT WHEN REQUIRED OR AUTHORIZED BY FEDERAL OR STATE LAW; TO REQUIRE NOTIFICATION TO DONORS WHEN A CHARITABLE ORGANIZATION IS UNABLE TO FULFILL ONE OR MORE TERMS IN AN ENDOWMENT AGREEMENT; TO ESTABLISH JUDICIAL PROCESSES AND REMEDIES WHEN CHARITABLE ORGANIZATIONS VIOLATE DONOR IMPOSED RESTRICTIONS IN ENDOWMENT AGREEMENTS; TO PERMIT CHARITABLE ORGANIZATIONS TO SEEK A JUDICIAL DECLARATION OF RIGHTS AND DUTIES AND RELATED PROVISIONS; AND TO DESIGNATE SECTIONS 34-6-10 THROUGH 34-6-100 AS ARTICLE 1, "GENERAL PROVISIONS."

Introduced
2026-02-24
Status date
—
Latest action
2026-02-24 — Referred to Committee on Judiciary
Bill type
bill
Last updated
—

Sponsors

  • B. Newtonprimary

Committees

Not provided by source.

Action timeline

  1. 2026-02-24

    Introduced and read first time

    introduction,reading-1

  2. 2026-02-24

    Referred to Committee on Judiciary

    referral-committee

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=5250&session=126&summary=B

Attribution

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

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