South Carolina 2025-2026 Regular Session

South Carolina Senate Bill S0665

Introduced
5/7/25  

Caption

Trade commissions

Impact

The creation of the South Carolina-Bahamas Trade Commission will provide a formal framework for enhancing trade ties, with the goal of advancing joint policy issues and promoting mutual economic support. The commission's responsibilities include holding regular meetings and hearings, which would allow for discussions on trade-related matters, potentially leading to legislative recommendations and strategic initiatives that could positively impact local economies. Furthermore, tax policies and business regulations may shift as a result of improved bilateral relations and collaborative efforts.

Summary

Bill S0665 seeks to establish the South Carolina-Bahamas Trade Commission, intended to foster bilateral trade and investment between South Carolina and The Bahamas. This commission will consist of fifteen members, including representatives from both legislative bodies and several appointed by the Governor, aimed at promoting economic cooperation and enhancing commercial exchanges between the two regions. The involvement of educational institutions and business organizations is designed to ensure a diverse representation that can address various aspects of the trade relationship.

Contention

While the bill aims to promote significant economic benefits through cooperative investments, contention may arise regarding the representation and decision-making power within the commission. Questions surrounding whether the interests of smaller businesses will be adequately represented compared to larger business entities may lead to debates. Additionally, the constitutionality and scope of the commission's authority in influencing state policies could be scrutinized. Overall, stakeholders will need to navigate the balance of promoting trade while ensuring equitable representation and local needs are addressed.

Companion Bills

SC H4476

Similar To Trade commissions

Previously Filed As

SC H4124

DHEC Restructuring

SC H5243

Health Care Market Reform Measures Study Committee

SC H4677

Maddie's Law

SC S0690

Robert J. "Duke" Short

SC H5407

South Carolina Student Physical Privacy Act

SC H4757

Retirement of No. Chas. Mayor R. Keith Summey

SC H3710

Tom Young, Sr. sympathy (father of Sen. Young

SC S1380

Major General David Wilson promotion

SC H3456

Teacher and State Superintendent Credentials

SC H4269

Wendell M. Manigault, Jr., community service

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UNC Omnibus

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HBCU/HMSI Omnibus

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Moye Graham

SC H4476

Trade commissions

SC H4073

Helen Munnerlyn, retirement

SC S0382

Helen Munnerlyn, retirement

SC H3439

Blue Origin Flight Lottery Commission