South Carolina 2025-2026 Regular Session Status: In Committee

H 3300 — Banking reporting requirements

Last action — Referred to Committee on Labor, Commerce and Industry

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  1. ✓
    Introduced
  2. 2
    In Committee
  3. 3
    Passed House
  4. 4
    Passed Senate
  5. 5
    To Executive
  6. 6
    Enacted

This bill is in committee in the House. Introduced December 05, 2024. It must pass committee before a floor vote.

Next likely step: a committee vote, then a floor vote in the House.

Prognosis

Stalled 18% · moderate confidence

Where this bill stands today.

Odds of enactment

Low

How often bills like it became law.

  • In Committee

    Current position in the legislative process.

  • 3 sponsors

    3 primary, 0 co-sponsors signed on.

Prognosis reads this bill's own signals — stage, sponsorship breadth, committee status, recorded votes and cross-state momentum. Odds come from a model trained on which bills have become law.

Summary

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT A BANK MAY NOT ALLOW A GOVERNMENTAL TAX COLLECTION AGENCY TO COLLECT CERTAIN CUSTOMER DATA.

Bill Text

What changed in the latest version

29 added · 1 removed

Plain-language change summary

The recent amendment to Bill H 3300 establishes a new law that prohibits banks from allowing government tax collection agencies to gather specific customer information, such as account balances, deposits, or withdrawals. This change matters because it aims to protect customer privacy and ensure that sensitive banking information is not accessed without consent by government entities. By incorporating this protection, the law enhances the trust between consumers and their financial institutions.

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2025-2026 Bill 3300 Text of Previous Version (Dec.
06, 2024) - South Carolina Legislature Online South Carolina General Assembly126th Session, 2025-2026Bill 3300Indicates Matter StrickenIndicates New Matter(Text matches printed bills.
Document has been reformatted to meet World Wide Web specifications.)                 A bill   TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT A BANK MAY NOT ALLOW A GOVERNMENTAL TAX COLLECTION AGENCY TO COLLECT CERTAIN CUSTOMER DATA.
  Be it enacted by the General Assembly of the State of South Carolina:
  SECTION 1.  Article 1, Chapter 3, Title 34 of the S.C.
Code is amended by adding:
      Section 34-3-120.  Notwithstanding any other provision of law, a bank may not allow a governmental tax collection agency to collect customer data relating to a customer's account balances, deposits, or withdrawals.
  SECTION 2.  If any section, subsection, paragraph, subparagraph, sentence, clause, phrase, or word of this act is for any reason held to be unconstitutional or invalid, such holding shall not affect the constitutionality or validity of the remaining portions of this act, the General Assembly hereby declaring that it would have passed this act, and each and every section, subsection, paragraph, subparagraph, sentence, clause, phrase, and word thereof, irrespective of the fact that any one or more other sections, subsections, paragraphs, subparagraphs, sentences, clauses, phrases, or words hereof may be declared to be unconstitutional, invalid, or otherwise ineffective.
  SECTION 3.  This act takes effect upon approval by the Governor.
----XX---- This web page was last updated on December 06, 2024 at 11:16 AM
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Action History

  1. Referred to Committee on Labor, Commerce and Industry

  2. Introduced and read first time

  3. Referred to Committee on Labor, Commerce and Industry

  4. Prefiled

Sponsors

Sponsorship breakdown

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3 sponsors · 0 co-sponsors · 167 not signed on

Sponsors (3)

Co-sponsors (0)

None.

Not signed on (167)

167 members have not signed on to this bill.

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"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.

Whip count is in markup. Polling the chamber and every recorded vote this session. Only the first open is slow. It’s instant for you after this. Calling the roll · Tallying · Engrossing

Subjects

taxation finance
Cross-referencing the record. Reading this bill against every other bill in the corpus by meaning, not keywords. Only the first open is slow. It’s instant for you after this. Matching · Ranking · Engrossing

Frequently asked questions

What does H 3300 do?
A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 34-3-120 SO AS TO PROVIDE THAT A BANK MAY NOT ALLOW A GOVERNMENTAL TAX COLLECTION AGENCY TO COLLECT CERTAIN CUSTOMER DATA.
Who sponsors H 3300?
H 3300 is sponsored by Representative James Mikell "Mike" Burns, Representative Josiah Magnuson, and Representative Cally R. "Cal" Forrest, Jr..
What is the current status of H 3300?
This bill is in committee in the House. Introduced December 05, 2024. It must pass committee before a floor vote.
Where can I track H 3300?
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