A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE STATE BOARD OF FINANCIAL INSTITUTIONS, RELATING TO NON-INT...
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S 925 — A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE STATE BOARD OF FINANCIAL INSTITUTIONS, RELATING TO NON-INTEREST BEARING NEGOTIABLE ORDER OF WITHDRAWAL (NINOW) ACCOUNTS BY STATE-CHARTERED SAVINGS AND LOAN ASSOCIATIONS, DESIGNATED AS
Last action — Recommitted to Committee on Banking and Insurance
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 Senate
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4Passed House
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5To Executive
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6Enacted
This bill is in committee in the Senate. Introduced February 12, 2026. It must pass committee before a floor vote.
Next likely step: a committee vote, then a floor vote in the Senate.
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
, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
Bill Text
What changed in the latest version
23 added · 14 removedPlain-language change summary
The recent amendment to Bill S 925 mainly highlights the approval of regulations concerning Non-interest Bearing Negotiable Order of Withdrawal (NINOW) accounts by savings and loan associations in South Carolina. The State Board of Financial Institutions has proposed to repeal existing regulations that are deemed unnecessary, as the state's code already permits these types of accounts. This change simplifies the regulatory framework, which can help financial institutions operate more efficiently and may enhance customer access to banking services.
2025-20262021-2022 Bill 925705: Text of Previous Version (Feb.
12,Subject 2026)not yet available - South Carolina Legislature Online South2025-2026 CarolinaBill General925 Assembly126thText Session,of 2025-2026(TextPrevious matchesVersion printed(Feb. bills.
Document12, has2026) been- reformattedSouth toCarolina meetLegislature WorldOnline WideSouth WebCarolina specifications.)General IntroducedAssembly126th FebruarySession, 12,2025-2026Bill 2026925Indicates S.Matter StrickenIndicates New Matter(Text matches printed bills.
925Document Introducedhas been reformatted to meet World Wide Web specifications.) A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE State Board of Financial Institutions, RELATING TO Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by SenateState-chartered BankingSavings and InsuranceLoan CommitteeAssociations, S.DESIGNATED AS REGULATION DOCUMENT NUMBER 5393, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
Printed 2/12/26--S.Be it enacted by the General Assembly of the State of South Carolina:
Read theSECTION first1. timeThe Februaryregulations 12,of 2026the ________ A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE State Board of Financial Institutions, RELATINGrelating TOto Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by State-chartered Savings and Loan Associations, DESIGNATEDdesignated ASas REGULATIONRegulation DOCUMENTDocument NUMBERNumber 5393, PURSUANTand TOsubmitted THEto PROVISIONSthe OFGeneral ARTICLEAssembly 1,pursuant CHAPTERto 23,the TITLEprovisions 1of OFArticle THE1, SOUTHChapter CAROLINA23, CODETitle OF1 LAWS.of the S.C.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The regulations of the State Board of Financial Institutions, relating to Non-interest Bearing Negotiable Order of Withdrawal (NINOW) Accounts by State-chartered Savings and Loan Associations, designated as Regulation Document Number 5393, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the S.C.
SECTION 2. ThisThis joint resolution takes effect upon approval by the Governor.
----XXX---- SUMMARY AS SUBMITTED BY PROMULGATING AGENCY.
----XX---- This web page was last updated on February 12, 2026 at 02:3411:32 PMAM
Action History
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Recommitted to Committee on Banking and Insurance
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Introduced, read first time, placed on calendar without reference
Sponsors
- Senate Banking and Insurance · Primary
Sponsorship breakdown
Export CSV (upgrade) →1 sponsors · 0 co-sponsors · 169 not signed on
Sponsors (1)
- Senate Banking and Insurance
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 S 925 do?
- , PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE SOUTH CAROLINA CODE OF LAWS.
- Who sponsors S 925?
- S 925 is sponsored by Senate Banking and Insurance.
- What is the current status of S 925?
- This bill is in committee in the Senate. Introduced February 12, 2026. It must pass committee before a floor vote.
- Where can I track S 925?
- Track S 925 free on One Click Politics — get push/email alerts when it moves.
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