South Carolina H3300 prohibits banks from allowing tax collection agencies to access customer account data.

South Carolina H3300 amends the state code to prohibit banks from allowing governmental tax collection agencies to collect customer data related to account balances, deposits, or withdrawals. This measure aims to protect customer privacy by restricting the sharing of sensitive financial information with tax authorities. The act includes a severability clause, ensuring that if any part of the law is found unconstitutional or invalid, the remaining provisions will remain in effect. The law takes effect upon approval by the Governor.

South Carolina H3300 prohibits banks from allowing tax collection agencies to access customer account data.

South Carolina H3300 amends the state code to prohibit banks from allowing governmental tax collection agencies to collect customer data related to account balances, deposits, or withdrawals. This measure aims to protect customer privacy by restricting the sharing of sensitive financial information with tax authorities. The act includes a severability clause, ensuring that if any part of the law is found unconstitutional or invalid, the remaining provisions will remain in effect. The law takes effect upon approval by the Governor.