S 157 — Storm Damage Recovery
Last action — Act No. 2
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✓Introduced
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✓In Committee
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✓Passed Senate
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✓Passed House
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✓To Executive
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6Enacted
This bill has been enacted into law. Introduced January 14, 2025. Enacted.
Signed by Governor Henry McMaster (Republican) on March 13, 2025.
Odds of enactment
High chanceBased on the sponsor, cosponsors, and committee posture, this bill has a high chance of becoming law.
Upgrade to see the exact probability and what's driving it.
A statistical estimate from our own model of past outcomes — an insight, not a guarantee. Policymaking is volatile.
Prognosis
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Enacted
Current position in the legislative process.
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4 sponsors
4 primary, 0 co-sponsors signed on.
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Cleared a recorded vote
Passed 2 recorded votes so far.
Based on stage, sponsorship breadth, committee status, recorded votes, and cross-state momentum — a description of the observable signals, not a prediction.
Summary
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE "QUALIFIED INDEPENDENT THIRD PARTY" AND TO ALLOW AN ELECTRICAL UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE IN ITS COST OF CAPITAL FROM THE DATE OF THE STORM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS; AND BY AMENDING SECTION 58-27-1110, RELATING TO THE PETITION FOR FINANCING ORDER AND REQUIREMENTS, SO AS TO ALLOW AN ELECTRICAL UTILITY TO DEFER THE REVIEW AND APPROVAL OF A FINANCING ORDER, AND PROVIDE FOR THE PARTICIPATION OF A QUALIFIED INDEPENDENT THIRD PARTY RETAINED BY THE PUBLIC SERVICE COMMISSION. - RATIFIED TITLE
Bill Text
What changed in the latest version
29 added · 40 removed29 line(s) added, 40 removed.
17,14, 2025) - South Carolina Legislature Online South Carolina General Assembly126th Session, 2025-2026Bill 157Indicates Matter StrickenIndicates New Matter(Text matches printed bills.
Document has been reformatted to meet World Wide Web specifications.) Indicates Matter Stricken Indicates New Matter Introduced JanuaryA 14,bill 2025 S.TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE QUALIFIED INDEPENDENT THIRD PARTY AND TO ALLOW AN ELECTRIC UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE ITS COST OF CAPITAL FROM THE DATE OF THE STROM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS;
157 Introduced by Senators Alexander, Rankin and Graham S.
Printed 1/17/25--S. [SEC 1/17/2025 2:38 PM] Read the first time January 14, 2025 ________ A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE QUALIFIED INDEPENDENT THIRD PARTY AND TO ALLOW AN ELECTRIC UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE ITS COST OF CAPITAL FROM THE DATE OF THE STORM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS;
In either case, reconciliation of estimated costs to actual costs shall beby subjectsubject to review pursuant to Section 58-27-1105(17)(c).
----XX---- This web page was last updated on January 17,14, 2025 at 02:4012:30 PM
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Action History
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Act No. 2
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Effective date 03/13/25
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Signed By Governor
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Ratified R 7
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Read third time and enrolled
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Scrivener's error corrected
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Roll call Yeas-101 Nays-0
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Read second time
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Introduced, placed on calendar without reference
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Read third time and sent to House
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Scrivener's error corrected
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Roll call Ayes-41 Nays-0
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Read second time
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Amended
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Scrivener's error corrected
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Committee report: Favorable Judiciary
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Scrivener's error corrected
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Referred to Subcommittee: Rankin (ch), Campsen, Massey, Adams, Devine, Elliott, Ott
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Referred to Committee on Judiciary
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Introduced and read first time
Sponsors
- Senator Billy Garrett · Primary
- Senator Thomas C. Alexander · Primary
- Senator Luke A. Rankin · Primary
- Senator Jeffrey R. Graham · Primary
Sponsorship breakdown
Export CSV (upgrade) →4 sponsors · 0 co-sponsors · 166 not signed on
Co-sponsors (0)
None.
Not signed on (166)
166 members have not signed on to this bill.
Show all 166 →"Not signed on" means a member has not sponsored or co-sponsored this bill — it does not imply opposition. Members flagged Voted No have a recorded No vote on this bill.
Votes
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 97 | 0 | 0 | 20 |
| Republican | 2 | 0 | 0 | 0 |
| Democrat | 2 | 0 | 0 | 0 |
| Total | 101 | 0 | 0 | 20 |
| % of votes cast | 83% | 0% | 0% | 17% |
How each member voted (121)
| Party | Yea | Nay | Present | Not Voting |
|---|---|---|---|---|
| Unaffiliated | 41 | 0 | 0 | 4 |
| Total | 41 | 0 | 0 | 4 |
| % of votes cast | 91% | 0% | 0% | 9% |
How each member voted (45)
Subjects
Frequently asked questions
- What does S 157 do?
- AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 58-27-1105, RELATING TO DEFINITIONS, SO AS TO DEFINE "QUALIFIED INDEPENDENT THIRD PARTY" AND TO ALLOW AN ELECTRICAL UTILITY TO INCLUDE STORM RECOVERY COSTS FOR HURRICANE HELENE IN ITS COST OF CAPITAL FROM THE DATE OF THE STORM THROUGH THE ISSUANCE OF STORM RECOVERY BONDS; AND BY AMENDING SECTION 58-27-1110, RELATING TO THE PETITION FOR FINANCING ORDER AND REQUIREMENTS, SO AS TO ALLOW AN ELECTRICAL UTILITY TO DEFER THE REVIEW AND APPROVAL OF A FINANCING ORDER, AND PROVIDE FOR THE PARTICIPATION OF A QUALIFIED INDEPENDENT THIRD PARTY RETAINED BY THE PUBLIC SERVICE COMMISSION. - RATIFIED TITLE
- Who sponsors S 157?
- S 157 is sponsored by Senator Billy Garrett, Senator Thomas C. Alexander, Senator Luke A. Rankin, and Senator Jeffrey R. Graham.
- What is the current status of S 157?
- This bill has been enacted into law. Introduced January 14, 2025. Enacted.
- Where can I track S 157?
- Track S 157 free on One Click Politics — get push/email alerts when it moves.
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