AG Wilson Statement on Captain Sams Spit Litigation Settlement

AG: South Carolina News

Published March 31st, 2026

Detected April 1st, 2026

Summary

South Carolina Attorney General Alan Wilson announced the State Fiscal Accountability Authority's approval of a settlement in the Captain Sams Spit lawsuit, saving taxpayers up to $200 million. The dispute originated in 2009, and Governor McMaster supported the settlement which passed the House overwhelmingly and is pending in the Senate.

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What changed

The South Carolina Attorney General issued a statement confirming approval of a settlement agreement for the Captain Sams Spit lawsuit by the State Fiscal Accountability Authority. The settlement avoided potential costs exceeding $200 million for South Carolina taxpayers. The lawsuit originated in 2009, with Governor Henry McMaster voting in favor and the House of Representatives including the settlement in a bipartisan budget measure now before the Senate.

This announcement is informational and does not require any action from regulated entities or the public. It represents the conclusion of a long-standing legal dispute rather than a new regulatory requirement. Compliance officers should note this as a completed matter rather than an ongoing obligation.

Source document (simplified)

MAR 31, 2026

Attorney General Alan Wilson issues statement regarding the litigation involving Captain Sams Spit

(COLUMBIA, S.C.) – South Carolina Attorney General Alan Wilson issued the following statement following the State Fiscal Accountability Authority’s approval of a settlement agreement in the Captain Sams Spit lawsuit:

"Today, the State Fiscal Accountability approved a settlement of a lawsuit concerning Captain Sams Spit, a dispute that originated in 2009. The decision to settle this litigation saved South Carolina taxpayers up to $200 million or more. For this reason, Governor Henry McMaster voted in favor of this settlement today, and the House of Representatives included it in a budget that passed that chamber in an overwhelmingly bipartisan fashion. The budget item is now in the Senate."

Since General Wilson has been in office, his efforts have recovered more than $2 billion for the state of South Carolina.

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