SC S 163
enactedCryptocurrency
South Carolina · 2026 Regular Session · upper
Quick answers
Did SC S 163 pass?
Yes. SC S 163 has been enacted into law as of 2026-06-05. Latest recorded action (2026-06-05): Effective date 05/19/26
What is SC S 163 about?
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. - RATIFIED TITLE
Who sponsors SC S 163?
Verdin, Leber are the primary sponsors of SC S 163.
Description
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING CHAPTER 47 TO TITLE 34 SO AS TO PROHIBIT A GOVERNING AUTHORITY FROM ACCEPTING OR REQUIRING PAYMENT USING CENTRAL BANK DIGITAL CURRENCY OR PARTICIPATING IN A TEST OF CENTRAL BANK DIGITAL CURRENCY; TO PERMIT INDIVIDUALS OR BUSINESSES USING DIGITAL CURRENCY FOR TRANSACTIONS; TO PROVIDE THAT DIGITAL ASSETS MAY NOT BE SINGLED OUT FOR DISPARATE TAX TREATMENT; TO PROVIDE THAT DIGITAL CURRENCY TRANSACTION MAY BE TAXED IF THE TAXATION IS THE SAME AS IF THE TRANSACTION USED UNITED STATES LEGAL TENDER; TO RESTRICT CERTAIN ACTIVITY FOR DIGITAL CURRENCY OPERATIONS THAT ARE ZONED FOR INDUSTRIAL USE; TO PROVIDE THAT DIGITAL ASSET MINING BUSINESS OPERATIONS SHALL NOT PLACE ANY ADDITIONAL STRESS ON THE ELECTRICAL GRID FOR WHICH THEY ARE CONNECTED AND TO PROVIDE THAT DIGITAL MINING BUSINESSES MUST PROVIDE CERTAIN INFORMATION TO THE PUBLIC SERVICE COMMISSION UPON REQUEST; TO PROVIDE THAT THOSE ENGAGED IN DIGITAL MINING OPERATIONS DO NOT HAVE TO OBTAIN CERTAIN LICENSES AND THAT THOSE WHO PROVIDE CERTAIN SERVICES RELATED TO DIGITAL MINING OR STAKING ARE NOT OFFERING A SECURITY; TO PROVIDE THAT THE ATTORNEY GENERAL CAN PROSECUTE AN INDIVIDUAL OR BUSINESS THAT FRAUDULENTLY CLAIM TO BE OFFERING DIGITAL ASSET MINING AS SERVICE OR STAKING AS A SERVICE; AND TO DEFINE NECESSARY TERMS. - RATIFIED TITLE
- Introduced
- 2025-01-14
- Latest action
- 2026-06-05 — Effective date 05/19/26
- Bill type
- bill
- Last updated
- —
Sponsors
- Verdinprimary
- Leberprimary
Committees
Not provided by source.
Action timeline
2025-01-14
Introduced and read first time
introduction,reading-1
2025-01-14
Referred to Committee on Banking and Insurance
referral-committee
2025-01-14
Introduced and read first time
introduction,reading-1
2025-01-14
Referred to Committee on Banking and Insurance
referral-committee
2025-01-27
Scrivener's error corrected
2025-03-04
Committee report: Favorable with amendment Banking and Insurance
committee-passage-favorable
2025-03-05
Scrivener's error corrected
2025-04-29
Committee Amendment Adopted
amendment-passage
2025-04-30
Scrivener's error corrected
2025-05-01
Read second time
reading-2
2025-05-01
Roll call Ayes-38 Nays-1
2025-05-05
Scrivener's error corrected
2025-05-06
Read third time and sent to House
passage,reading-3
2025-05-06
Introduced and read first time
introduction,reading-1
2025-05-06
Referred to Committee on Labor, Commerce and Industry
referral-committee
2026-04-23
Committee report: Favorable Labor, Commerce and Industry
committee-passage-favorable
2026-04-28
Debate adjourned
2026-04-29
Debate adjourned
2026-04-30
Debate adjourned until Tues., 5-5-26
2026-05-05
Read second time
reading-2
2026-05-05
Roll call Yeas-110 Nays-1
2026-05-06
Read third time and enrolled
passage,reading-3
2026-05-14
Ratified R 131
2026-05-19
Signed By Governor
executive-signature
2026-06-05
Effective date 05/19/26
2026-06-02
Act No. 208
Versions
Documents
Votes
2nd Reading
2025-05-01 · pass · 38-1
Member-level votes (43)
- Adams, Brian: yes
- Alexander, Thomas C.: yes
- Allen, Karl B.: yes
- Bennett, Sean M.: yes
- Blackmon, Allen: yes
- Campsen, George E., III: yes
- Cash, Richard J.: yes
- Chaplin, JD: yes
- Climer, Wes: yes
- Cromer, Ronnie W.: yes
- Davis, Tom: yes
- Devine, Tameika Isaac: yes
- Elliott, Jason: yes
- Garrett, Billy: yes
- Goldfinch, Stephen L.: yes
- Graham, Jeffrey R.: yes
- Grooms, Lawrence K.: yes
- Hutto, Brad: yes
- Johnson, Michael: yes
- Kennedy, Carlisle: yes
- Kimbrell, Josh: yes
- Leber, Matthew W.: yes
- Massey, A. Shane: yes
- Nutt, Roger A.: yes
- Ott, Russell L.: yes
- Peeler, Harvey S., Jr.: yes
- Rankin, Luke A.: yes
- Reichenbach, Mike: yes
- Rice, Rex F.: yes
- Sabb, Ronnie A.: yes
- Stubbs, Everett: yes
- Sutton, Ed: yes
- Tedder, Deon T.: yes
- Turner, Ross: yes
- Verdin, Daniel B., III: yes
- Williams, Kent M.: yes
- Young, Tom, Jr.: yes
- Zell, Jeff: yes
- Corbin, Thomas D.: no
- Gambrell, Michael W.: excused
- Hembree, Greg: excused
- Martin, Shane R.: excused
- Matthews, Margie Bright: excused
Passage of Bill
2026-05-05 · pass · 110-1
Member-level votes (124)
- Alexander, Terry: yes
- Anderson, Carl L.: yes
- Atkinson, Lucas: yes
- Bailey, William H.: yes
- Ballentine, Nathan: yes
- Bamberg, Justin T.: yes
- Bauer, Heather: yes
- Beach, Thomas: yes
- Bernstein, Beth E.: yes
- Bowers, Phillip: yes
- Bradley, Jeff: yes
- Brewer, Gary S., Jr.: yes
- Brittain, Thomas C., Jr.: yes
- Burns, James Mikell: yes
- Bustos, Joseph M.: yes
- Calhoon, Paula Rawl: yes
- Caskey, Micajah P., IV: yes
- Chapman, Donald G.: yes
- Chumley, William M.: yes
- Clyburn, William: yes
- Collins, Neal A.: yes
- Cox, Brandon L.: yes
- Crawford, Heather Ammons: yes
- Cromer, April: yes
- Davis, Sylleste H.: yes
- Dillard, Chandra E.: yes
- Duncan, Adam L.: yes
- Edgerton, Sarita L.: yes
- Erickson, Shannon S.: yes
- Ford, Greg: yes
- Forrest, Cally R., Jr.: yes
- Frank, Stephen: yes
- Gagnon, Craig A.: yes
- Garvin, Kambrell H.: yes
- Gibson, Daniel: yes
- Gilliard, Wendell G.: yes
- Gilreath, Thomas Lee: yes
- Govan, Jerry N., Jr.: yes
- Grant, Hamilton R.: yes
- Guest, Thomas Duval, Jr.: yes
- Haddon, Patrick B.: yes
- Hager, William: yes
- Hardee, Kevin: yes
- Harris, Robert J.: yes
- Hart, Christopher R.: yes
- Hartnett, Thomas F., Jr.: yes
- Hayes, Jackie E.: yes
- Henderson-Myers,, Rosalyn D., Ph.D.: yes
- Herbkersman, William G.: yes
- Hewitt, Lee: yes
- Hixon, William M.: yes
- Holman, Harriet A.: yes
- Hosey, Lonnie: yes
- Huff, William C.: yes
- Johnson, Jeffrey E.: yes
- Jones, Wendell K.: yes
- Jordan, Wallace H., Jr.: yes
- Kilmartin, John Gregory: yes
- King, John Richard C.: yes
- Kirby, Roger K.: yes
- Landing, Kathy: yes
- Lastinger, John T., Jr.: yes
- Lawson, M. Brian: yes
- Ligon, Thomas R.: yes
- Long, Steven Wayne: yes
- Lowe, Phillip D.: yes
- Luck, Jason S.: yes
- Magnuson, Josiah: yes
- Martin, David: yes
- McCravy, John R., III: yes
- McDaniel, Annie E.: yes
- McGinnis, Timothy A.: yes
- Mitchell, Cody T.: yes
- Mitchell, Dianne: yes
- Montgomery, W. Scott, IV: yes
- Moore, JA: yes
- Moore, Travis A.: yes
- Morgan, T. Alan, Jr.: yes
- Moss, Dennis C.: yes
- Neese, Mike M.: yes
- Newton, Brandon: yes
- Newton, Wm. Weston J.: yes
- Pace, Jordan S.: yes
- Pedalino, Fawn M.: yes
- Pope, Thomas E.: yes
- Rankin, Luke S.: yes
- Reese, Robert T.: yes
- Rivers, Michael F., Sr.: yes
- Robbins, Robby: yes
- Rose, Seth: yes
- Rutherford, J. Todd: yes
- Schuessler, Carla: yes
- Scott, Keishan M.: yes
- Sessions, Heath: yes
- Smith, Marvin: yes
- Spann-Wilder, Tiffany: yes
- Stavrinakis, Leonidas E.: yes
- Taylor, Bill: yes
- Teeple, James E.: yes
- Terribile, Jackie R.: yes
- Vaughan, David: yes
- Waters, Courtney S.: yes
- Wetmore, Elizabeth: yes
- White, Joseph S.: yes
- Whitmire, William R.: yes
- Wickensimer, Paul B.: yes
- Williams, Robert Q.: yes
- Willis, Mark N.: yes
- Wooten, Chris: yes
- Yow, Richard L.: yes
- Gilliam, Leon D.: no
- McCabe, Donald Ryan, Jr.: excused
- Sanders, Richard Blake: excused
- Bannister, Bruce W.: excused
- Cobb-Hunter, Gilda: excused
- Gatch, Gil: excused
- Guffey, Brandon: excused
- Hartz, Charles V.: excused
- Hiott, David R.: excused
- Howard, Leon: excused
- Johnson, Jermaine L., Sr.: excused
- Oremus, Melissa Lackey: excused
- Smith, G. Murrell, Jr.: excused
- Weeks, J. David: excused
Related bills
No related bills recorded for this bill.
Official source
Attribution
Data from openstates_bulk_csv, retrieved 2026-07-24T05:32:06.227230Z
Inspect retained evidence for changes recorded after evidence tracking began:
Use this data
Every field on this page is available from the free public API — no key or licence required. Fetch this bill as JSON: GET /api/v1/bills?jurisdiction=SC&identifier=S 163. See the API docs or the MCP server for AI assistants.
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- Committee referrals are not yet captured.
See the methodology page for data sources and limitations.