Overview
STATE BUDGET
South Carolina operates on a yearly budget cycle. South Carolina’s fiscal year begins on July 1 and ends on June 30 in the following year. Between September and October, agencies submit their budget requests to the governor. Budget hearings are held with state agencies in October. In January, the governor submits a proposed budget to the state legislature. The legislature adopts a budget in May. The passed budget is required to be balanced.
STATE LEGISLATURE
The state’s Legislature is comprised of 46 Senators, elected to four year terms, and 124 members of the House of Representatives, who serve two year terms. The General Assembly is in session each year from the second Tuesday in January until the second Thursday in May; however, the session can be extended under specific circumstances. Bills carry over from odd to even years.
KEY RESOURCES
- South Carolina General Assembly
- Office of the South Carolina Attorney General
- South Carolina Governor
- Information on Healthcare Policy in South Carolina
2025 LEGISLATIVE SUMMARY
South Carolina considered several bills that will roll over into 2026. H3302 prohibits insurers and healthcare providers from engaging in surprise billing. H4562 would exclude healthcare providers with 80% approval rates from prior authorization, implement more fair prior authorization medication processes, prohibit prior authorization for chronic conditions, and create continuity of care requirements. S0046 would prohibit certain contractual provisions that would interfere with physician-patient relationships or that would allow for the corporate practice of medicine.
South Carolina Laws
S.C. Code Ann. § 33-11-108. Merger of parent into subsidiary: Merger and Share Exchange – South Carolina
Introduced: Status: Enacted
A parent corporation owning at least ninety percent of the outstanding shares of each class of a subsidiary corporation may merge itself into the subsidiary without approval of the shareholders of the subsidiary if the […]
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S.C. Code Ann. § 33-31-1101. Approval of plan of merger: South Carolina Nonprofit Corporation Act of 1994 – South Carolina
Introduced: Status: Enacted
(a) Subject to the limitations set forth in Section 33-31-1102, one or more nonprofit corporations may merge with: (1) a business or nonprofit corporation, and one or more business corporations may merge with a nonprofit […]
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S.C. Code Ann. § 33-31-1102. Limitations on mergers by public benefit or religious corporations: South Carolina Nonprofit Corporation Act of 1994 – South Carolina
Introduced: Status: Enacted
Religious and public benefit organizations may only merge with the entities provided in the statute.
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S.C. Code Ann. § 33-31-1105. Effects of merger: South Carolina Nonprofit Corporation Act of 1994 – South Carolina
Introduced: Status: Enacted
When a merger takes effect every other corporation party to the merger merges into the surviving corporation and the separate existence of every corporation except the surviving corporation ceases.
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S.C. Code Ann. § 33-31-1107. Bequests, devises, and gifts not affected by merger: South Carolina Nonprofit Corporation Act of 1994 – South Carolina
Introduced: Status: Enacted
Any bequest, devise, gift, grant, or promise contained in a will or other instrument of donation, subscription, or conveyance, that is made to a constituent corporation and that takes effect or remains payable after the […]
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