CCUL Headlines: Political

SCGA reconvenes, passes transport tag bill on final day

Monday, July 2, 2018   (0 Comments)
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Last week, the SC General Assembly reconvened to take up veto votes from Governor Henry McMaster. While most of the attention was on the budget and the fallout from failed construction plans of the V.C. Summer nuclear site, there was other work on the table that affected credit unions. 


Watch: Senator Grooms (Berkeley) speaking on the transport tag bill Thursday, June 28.

As previously reported, the Carolinas Credit Union League was made aware late into the legislative session of an issue that affects both state and federal credit unions regarding transport tags. The South Carolina Department of Motor Vehicles (SC DMV) issued a reinterpretation of a law, making the use of transport tags by credit unions illegal. The League met with senior staff at the SC DMV to successfully remedy the situation. Due to time constraints with the end of session looming, the language was tacked to an existing bill, H. 4973, which increases the allowance of one “retired legislator" tag to two. 

The bill passed the SC General Assembly but was vetoed by the governor due to details not involving the merit of our language. 

“Through a lot of hard work educating lawmakers on this bill and its impact on credit unions, the SC General Assembly overrode the veto and passed our bill,” shared Billy Boylston, VP of governmental affairs for the League. “The League sincerely thanks Senator Larry Grooms (Berkeley) for his leadership and dedication to passing this bill—it couldn't have been done without him!”

 

Related News

SC transport tag bill passed with only an hour to spare (5/15/18)


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