2025-2026 Regular SessionSouth Carolina Legislature

H3756: Storm Damage Recovery

Legislative Summary

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 And 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 Electric Utility To Defer The Review And Approval Of A Financing Order.

Demographic Impact

Overall analysis of equity impact

80% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

1/15/2025
Introduced and read first time
House of Representatives
1/15/2025
Referred to Committee on Labor, Commerce and Industry
House of Representatives
1/29/2025
Scrivener's error corrected
2/26/2025
Committee report: Favorable Labor, Commerce and Industry
House of Representatives
3/4/2025
Member(s) request name added as sponsor: Forrest
House of Representatives
3/4/2025
Debate adjourned until Wed., 3-5-25
House of Representatives
3/5/2025
Amended
House of Representatives
3/5/2025
Read second time
House of Representatives
3/5/2025
Roll call Yeas-99 Nays-0
House of Representatives
3/6/2025
Read third time and sent to Senate
House of Representatives
3/11/2025
Introduced and read first time
Senate
3/11/2025
Referred to Committee on Judiciary
Senate

Roll Call Votes

House: Passage Of Bill
3/5/2025
99
Yea
0
Nay
19
Not Voting
4
Absent
Result: PASSED

Status Information

Current Status
Engrossed(3/6/2025)
Chamber
Senate
Committee
Judiciary(Senate)

Documents

Amended
Bill Text3/5/202549.7 KB
Comm Sub
Bill Text2/26/202553.2 KB
Draft
Bill Text1/29/202542.4 KB
Introduced
Bill Text1/15/202542.4 KB
Fiscal Note
Fiscal Note2/20/2025165.8 KB