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H 4841 - Prohibit political subdivisions from investing in certain companies owned or controlled by the People's Republic of China

Tracking Level: Of Interest
Sponsor: Patrick Haddon
Last Action: 1/27/2022 - House - Member(s) request name added as sponsor: Gilliam
House Committee: Judy
Assigned To:
Finance/Revenue/TaxesNext Bill

Staff Analysis of the Legislation
Summary of the bill as introduced: Prohibit political subdivisions from investing in certain companies owned or controlled by the People's Republic of China or the Chinese Communist Party. 

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Session 124 - (2021-2022)Printer Friendly
(pdf format)
H 4841 General Bill, By Haddon, Long, Magnuson, Burns, Oremus, Jones, Trantham and Gilliam
Summary: Investments, authorized for political subdivision
    A BILL TO AMEND SECTION 6-5-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO AUTHORIZED INVESTMENTS OF A POLITICAL SUBDIVISION, SO AS TO PROHIBIT EACH POLITICAL SUBDIVISION FROM INVESTING IN CERTAIN COMPANIES OWNED OR CONTROLLED BY THE PEOPLE'S REPUBLIC OF CHINA OR THE CHINESE COMMUNIST PARTY OR WHOSE PRINCIPAL PLACE OF BUSINESS IS LOCATED WITHIN THE PEOPLE'S REPUBLIC OF CHINA.
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01/20/22House Introduced and read first time (House Journal-page 33)
01/20/22House Referred to Committee on Judiciary (House Journal-page 33)
01/27/22House Member(s) request name added as sponsor: Gilliam


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