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H 3354 — Nonprofits
Last action — Referred to Committee on Judiciary
No card. One bill, free forever — alerts when it moves.
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✓Introduced
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2In Committee
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3Passed House
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4Passed Senate
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5To Executive
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6Enacted
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
Where this bill stands today.
Odds of enactment
LowHow often bills like it became law.
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In Committee
Current position in the legislative process.
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1 sponsor
1 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 2-1-260 SO AS TO REQUIRE A NONPROFIT CORPORATION THAT HAS AN ANNUAL GROSS REVENUE EXCEEDING ONE BILLION DOLLARS THAT IMPOSES A REDUCTION IN FORCE OF MORE THAN ONE HUNDRED EMPLOYEES TO PREPARE AND PRESENT A REPORT TO CERTAIN COMMITTEES AND ENTITIES DETAILING ALL ECONOMIC AND PROCEDURAL BENEFITS MADE AVAILABLE TO IT AND WHY IT WAS NECESSARY TO IMPOSE THE REDUCTION IN FORCE.
Bill Text
What changed in the latest version
45 added · 25 removedPlain-language change summary
The recent amendment to Bill H 3354 requires nonprofit corporations in South Carolina with annual gross revenues exceeding one billion dollars to submit a detailed report if they lay off more than one hundred employees. This report must outline the economic and procedural benefits that the nonprofit accessed, their monetary value, and the justification for the layoffs. This change matters because it promotes transparency and accountability for large nonprofits, ensuring that communities and lawmakers are informed about potential impacts on jobs and the reasons behind such significant staffing changes.
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Document has been reformatted to meet World Wide Web specifications.) A bill TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 2-1-260 SO AS TO REQUIRE A NONPROFIT CORPORATION THAT HAS AN ANNUAL GROSS REVENUE EXCEEDING ONE BILLION DOLLARS THAT IMPOSES A REDUCTION IN FORCE OF MORE THAN ONE HUNDRED EMPLOYEES TO PREPARE AND PRESENT A REPORT TO CERTAIN COMMITTEES AND ENTITIES DETAILING ALL ECONOMIC AND PROCEDURAL BENEFITS MADE AVAILABLE TO IT AND WHY IT WAS NECESSARY TO IMPOSE THE REDUCTION IN FORCE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 1, Title 2 of the S.C.
Code is amended by adding:
Section 2-1-260.
(A) If a nonprofit corporation located in this State has an annual gross revenue exceeding one billion dollars and in the same year imposes a reduction in force of more than one hundred employees, then the nonprofit corporation must prepare a report detailing all of the economic and procedural benefits set forth in the S.
C.
Code that the nonprofit corporation is eligible to avail itself of due to its status as a nonprofit corporation.
The report also must set forth the monetary value of such benefits, the reasons why each benefit is necessary to its operation, and why it was necessary to impose the reduction in force.
The report must be delivered to the Senate Finance Committee, the House Ways and Means Committee, and to the local governing body of each county in which the nonprofit corporation is located no more than thirty days after the reduction in force is imposed.
Each committee or local governing body must place the report on its meeting agenda within sixty days of receipt.
If the General Assembly is not in session when the report is received, then the report must be placed on each committee's agenda within sixty days of session being convened.
The nonprofit corporation must make its representatives available to testify at each meeting.
(B) For purposes of this section:
(1) economic and procedural benefits include tax credits, deductions, exemptions, exclusions, other preferential tax benefits, and the elimination of administrative requirements;
(2) a reduction in force occurs when a position is eliminated without the intention of replacing the position.
SECTION 2. This act takes effect upon approval by the Governor.
----XX---- This web page was last updated on December 06, 2024 at 11:47 AM
Action History
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Referred to Committee on Judiciary
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Introduced and read first time
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Referred to Committee on Judiciary
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Prefiled
Sponsors
- Representative J. Todd Rutherford · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 169 not signed on
Sponsors (1)
Co-sponsors (0)
None.
Not signed on (169)
169 members have not signed on to this bill.
Show all 169 →"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.
Subjects
Frequently asked questions
- What does H 3354 do?
- A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 2-1-260 SO AS TO REQUIRE A NONPROFIT CORPORATION THAT HAS AN ANNUAL GROSS REVENUE EXCEEDING ONE BILLION DOLLARS THAT IMPOSES A REDUCTION IN FORCE OF MORE THAN ONE HUNDRED EMPLOYEES TO PREPARE AND PRESENT A REPORT TO CERTAIN COMMITTEES AND ENTITIES DETAILING ALL ECONOMIC AND PROCEDURAL BENEFITS MADE AVAILABLE TO IT AND WHY IT WAS NECESSARY TO IMPOSE THE REDUCTION IN FORCE.
- Who sponsors H 3354?
- H 3354 is sponsored by Representative J. Todd Rutherford.
- What is the current status of H 3354?
- 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 3354?
- Track H 3354 free on One Click Politics — get push/email alerts when it moves.
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