South Carolina S 344: Eddie Lee Stringer
Status: Introduced and adopted (as of 2019-01-08)
State: South Carolina · Session: 2019-2020 · Bill: S 344
Sponsors: McLeod
Bill Text
2025-2026 Bill 344 Text of Previous Version (Apr. 20, 2026) - South Carolina Legislature Online South Carolina General Assembly 126th Session, 2025-2026 Bill 344 Indicates Matter Stricken Indicates New Matter (Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.) Indicates Matter Stricken Indicates New Matter Committee Report March 18, 2026 S. 344 Introduced by Senators Johnson, Ott, Graham, Adams, Peeler, Leber and Young S. Printed 3/18/26--S. [SEC 4/20/2026 12:40 PM] Read the first time February 13, 2025 ________ The committee on Senate Finance To whom was referred a Bill (S. 344) to amend the South Carolina Code of Laws so as to enact the "South Carolina Equine Advancement Act"; by adding Chapter 61 to Title 11 so as to establish the South, etc., respectfully Report: That they have duly and carefully considered the same, and recommend that the same do pass with amendment: Amend the bill, as and if amended, SECTION 2, by striking Section 11-61-110(1) and (2) and inserting: (1) "Advanced deposit account wagering" means a method of pari-mutuel wagering conducted in this State in which an individual may establish an account with an entity licensed by the commission to place pari-mutuel wagers electronically through an application while the individual is physically present within the confines of the horse racing event. Advance deposit account wagering does not mean or include historical horse racing, nor any televised, video, or computer screen depicting a video game of chance, or slot machine. (2) "ADW licensee" means any person or entity licensed by the commission to offer advanced deposit account wagering to residents of this State who are physically present within the confines of the horse racing event. Amend the bill further, SECTION 2, by striking Section 11-61-110(6) and inserting: (6) "Pari-mutuel wagering" means any system whereby wagers with respect to the outcome of a horserace are placed with, or in, a wagering pool conducted by a licensed person and in which the participants are wagering with each other, not against the operator. Pari-mutuel wagering shall not include betting on a race that has occurred in the past, is considered historical horse racing, where bettors are not wagering on the same live or simulcast horse race, where bettors are not physically present within the confines of the horse racing event, or bettors do not share in the total amount of bets taken. Amend the bill further, SECTION 2, by striking Section 11-61-110(8) and inserting: (8) "Historical horse racing" means any horse race that was previously conducted at a licensed any racetrack, concluded with results, and concluded without scratches, disqualifications, or dead-heat finishes. Amend the bill further, SECTION 2, by striking Section 11-61-120(D) and inserting: (D) The commission's rulemaking authority, and any other authority whether derived from this chapter or another provision of law, shall relate to only to horse racing as expressly authorized in this chapter and shall not include the authority to expanding gambling, nor the authority to approve or regulate historical horse racing, slot machines, video games of chance, and other gambling devices, by means of rulemaking, a contested case hearing, the review and approval of a plan of operation or proposed or amended plan of operation, the approval of any proposal or request, or any other commission or agency action. Amend the bill further, SECTION 2, by striking Section 11-61-130(9), (10), and (11) and inserting: (9) to collect fees and charges in connection with the use of a licensed horseracing related advance deposit application; (10)(9) to administer the Equine Industry Development Fund, which includes: (a) making grants to qualified recipients to finance the eligible costs of qualified projects; (b) entering into contracts or agreements related to providing grants and other financial assistance; (c) receiving and expending funds in the performance of its duties in the administration of the Equine Industry Development Fund; and (11)(10) to do such other things as may be necessary to perform the duties prescribed in this chapter adopt rules and policies to ensure that an ADW licensee only allows individuals to place pari-mutuel wagers who are physically present within the confines of the horse racing event. Amend the bill further, SECTION 2, by striking Section 11-61-140(B) and inserting: (B) An ADW license shall be for one year, subject to renewal for an additional year. An applicant's initial application shall be accompanied by a five-thousand-dollar fee. Renewal applications shall be accompanied by a one-thousand-dollar fee. Amend the bill further, SECTION 2, by striking Section 11-61-140(D), (E), and (F) and inserting: (D) On a monthly basis, a license fee of one percent of all wagers made within this State pl
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