South Carolina H 3366: Naloxone

Bill Text

2025-2026 Bill 3366 Text of Previous Version (Dec. 06, 2024) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 3366

Indicates Matter Stricken
Indicates 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 
13-1-55 SO AS TO PROHIBIT THE DEPARTMENT OF COMMERCE FROM OFFERING OR AWARDING 
INCENTIVES TO CERTAIN COMPANIES OWNED OR CONTROLLED BY THE PEOPLE'S REPUBLIC OF 
CHINA OR THE CHINESE COMMUNIST PARTY, AND TO PROHIBIT ANY COMPANY RECEIVING AN 
INCENTIVE FROM CONTRACTING WITH SUCH PROHIBITED COMPANIES.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Article 1, Chapter 1, Title 13 of the S.C. Code is 
amended by adding:

 Section 
13-1-55. (A) The Department of 
Commerce, including any division thereof, may not offer or award any incentive 
or development grant to any company or development that is at least fifty 
percent owned or controlled by a company that is owned, in whole or in part, 
by, or is a subsidiary of, a company that is owned by the People's Republic of 
China or the Chinese Communist Party.

 (B) Any 
company who is offered or awarded incentives from the department must sign a 
statement agreeing that the company will not contract with any company 
prohibited from receiving an incentive or grant pursuant to subsection (A).

 (C) For 
purposes of this section:

 (1) "Company" 
or "development" means a sole proprietorship, organization, association, 
corporation, partnership, venture, or other entity, its subsidiary or affiliate 
that exists for profit making purposes or to otherwise secure economic 
advantage.

 (2) "Incentive" 
or "development grant" means tax credits, deductions, exemptions, exclusions, 
fees in lieu of taxes, monetary benefits, subsidies, rebates, information 
required by the Governmental Accounting Standards Board regarding economic 
incentives, awards from the Governor's Closing Fund, assistance from the State 
provided on a discretionary basis to attract or retain business operations, and 
other preferential tax benefits given to businesses for the purpose of 
recruitment.

SECTION 2. This act takes effect upon approval 
by the Governor.

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This web page was last updated on December 06, 2024 at 11:47 AM