Difference between revisions of "South Carolina Treasurer"

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'''Article VI, Section 7''' of the [[South Carolina Constitution]] establishes the qualifications of the office:
 
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Revision as of 13:49, 15 July 2013

South Carolina Treasurer
General information
Office Type:  Partisan
Office website:  Official Link
2012-2013 FY Budget:  $5,584,285
Term limits:  None
Structure
Length of term:   4 years
Authority:  South Carolina Constitution, Article VI, Section 7
Selection Method:  Elected
Current Officeholder

Curtis Loftis.jpg
Name:  Curtis Loftis, Jr.
Officeholder Party:  Republican
Assumed office:  January 2011
Compensation:  $92,007
Elections
Next election:  November 4, 2014
Last election:  November 2, 2010
Other South Carolina Executive Offices
GovernorLieutenant GovernorSecretary of StateComptrollerAttorney GeneralTreasurerAuditorAdjutant GeneralInspector GeneralSuperintendent of EducationAgriculture CommissionerInsurance CommissionerNatural Resources CommissionerLabor CommissionerPublic Service Commission
The Treasurer of South Carolina is an elected executive position in the South Carolina state government. As the state's chief banking officer, the treasurer is responsible for the investment, cash management, and safekeeping of South Carolina's general and restricted funds.

Current officeholder

The current officeholder is Curtis Loftis, Jr. He was first elected in 2010.

Authority

The South Carolina Treasurer's authority is established in Article VI, Section 7 of the state constitution.

Article VI, Section 7:

There shall be elected by the qualified voters of the State a Secretary of State, an Attorney General, a Treasurer, a Superintendent of Education, Comptroller General, Commissioner of Agriculture, and an Adjutant General who shall hold their respective offices for a term of four years, coterminous with that of the Governor. The duties and compensation of such offices shall be prescribed by law and their compensation shall be neither increased nor diminished during the period for which they shall have been elected.

Qualifications

Article VI, Section 7 of the South Carolina Constitution establishes the qualifications of the office:

No person may be popularly elected to and serve in any office in this State or its political subdivisions unless he possesses the qualifications of an elector, is not disqualified by age as prescribed in this Constitution, and has not been convicted of a felony under state or federal law or convicted of tampering with a voting machine, fraudulent registration or voting, bribery at elections, procuring or offering to procure votes by bribery, voting more than once at elections, impersonating a voter, or swearing falsely at elections/taking oath in another's name, or has not pled guilty or nolo contendere to these offenses. However, notwithstanding any other provision of this Constitution, this prohibition does not apply to a person who has been pardoned under state or federal law or to a person who files for public office fifteen years or more after the completion date of service of the sentence, including probation and parole time, nor shall any person, serving in office prior to the ratification of this provision, be required to vacate the office to which he is elected. No person may be elected or appointed to office in this State for life or during good behavior, but the terms of all officers must be for some specified period except officers in the militia.
  • possess the qualities of an elector
  • not disqualified by age as prescribed in this Constitution
  • has not been convicted of a felony under state or federal law or convicted of tampering with a voting machine, fraudulent registration or voting, bribery at elections, procuring or offering to procure votes by bribery, voting more than once at elections, impersonating a voter, or swearing falsely at elections/taking oath in another's name, or has not pled guilty or nolo contendere to these offenses

Elections

Article VI, Section 7 of the state constitution stipulates the treasurer will be elected every four years, to a term of four year term. The treasurer, like South Carolina's other executive officials, is elected in mid-term elections: 2010, 2014, and 2018.

Vacancies

Note: Ballotpedia's state executive officials project researches the constitutional or statutory text that details the process of filling vacancies for a state executive office. That information for the South Carolina Treasurer has not yet been added. After extensive research we were unable to identify any relevant information on state official websites. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Duties

The treasurer is the chief banker of the state of South Carolina, responsible for the investment, cash management, and safekeeping of the state's general and restricted funds and assets of the state's retirement systems.[1]

The treasurer is a member of the following state boards and commissions:

  • State Budget & Control Board
  • South Carolina Retirement System Investment Commission
  • State Board of Financial Institutions
  • South Carolina Tobacco Authority
  • South Carolina Education Authority

Divisions

  • Administration
  • Court Fines
  • Debt Management
  • Investments
  • Treasury Management

State budget

The budget for the in Fiscal Year 2012-2013 was $5,584,285.[2]

Compensation

In 2010, the South Carolina Treasurer was paid an estimated $92,007 according to the Council of State Governments.[3]

Historical officeholders

Note: Ballotpedia's state executive officials project researches state official websites for chronological lists of historical officeholders. That information for the South Carolina Treasurer has not yet been added because the information was unavailable on the relevant state official websites, or we are currently in the process of formatting the list for this office. If you have any additional information about this office for inclusion on this section and/or page, please email us.

Recent news

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Contact information

South Carolina

South Carolina State Treasurer
1200 Senate Street
Wade Hampton Office Building
Columbia, SC 29201

Phone: (803) 734-2101
Fax: (803) 734-2690
Unclaimed property: (803) 737-4771

Division phone numbers and e-mail addresses

See also

External links

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References