South Carolina House Bill 3707 (Prior Session Legislation)

---

Spectrum: Slight Partisan Bill (Democrat 2-1)
Status: Introduced on January 22 2019 - 25% progression, died in committee
Action: 2019-01-22 - Referred to Committee on Labor, Commerce and Industry
Pending: House Labor, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]

Amend Section 40-39-80, Code Of Laws Of South Carolina, 1976, Relating To Pawn Ticket Content Requirements, So As To Require Inclusion Of Certain Language Concerning Early Redemption Of Loans And Proration Of Loan Interest; And To Amend Section 40-39-100, Relating To Interest And Charges On Loans Made By Pawnbrokers, So As To Provide Pawnbrokers Shall Prorate Interest And Charges On A Daily Basis And May Not Impose Additional Charges If Pledged Goods Are Redeemed In Whole Or In Part Before The Expiration Of Any Thirty-day Period Or If The Pledgor Agrees To Repay A Loan In Monthly Periodic Installments, And To Provide Related Notice Requirements In Mandatory Posted Rate Schedules.

Pawn tickets

Rep. Jonathon Hill [R]

Rep. Patricia Henegan [D]

Rep. Marvin Pendarvis [D]

Date	Chamber	Action
2019-01-22	House	Referred to Committee on Labor, Commerce and Industry
2019-01-22	House	Introduced and read first time

Chapter	Article	Section	Citation Type	Statute Text
40	39	100	(n/a)	See Bill Text
40	39	80	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3707&session=123&summary=B
Text	https://www.scstatehouse.gov/sess123_2019-2020/prever/3707_20190122.htm