South Carolina House Bill 3354: Nonprofits

South Carolina · 2025-2026 Regular Session

What it does

Amend The South Carolina Code Of Laws By Adding Section 2-1-260 So As To Require A Nonprofit Corporation That Has An Annual Gross Revenue Exceeding One Billion Dollars That Imposes A Reduction In Force Of More Than One Hundred Employees To Prepare And Present A Report To Certain Committees And Entities Detailing All Economic And Procedural Benefits Made Available To It And Why It Was Necessary To Impose The Reduction In Force.

Latest action

Referred to Committee on Judiciary (2025-01-14)

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