South Carolina House Bill 3790 (Prior Session Legislation)

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Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on July 21 2010 - 100% progression
Action: 2010-07-21 - Act No. 287

AN ACT TO AMEND SECTION 40-58-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CERTAIN DEFINITIONS PERTAINING TO THE LICENSURE OF MORTGAGE BROKERS, SO AS TO DEFINE A "QUALIFIED LOAN ORIGINATOR"; TO AMEND SECTION 40-58-50, AS AMENDED, RELATING TO QUALIFIED LOAN ORIGINATORS, SO AS TO REQUIRE LICENSURE FOR A QUALIFIED LOAN ORIGINATOR, TO PROVIDE APPLICATIONS PROCEDURES AND QUALIFICATION REQUIREMENTS; TO AMEND SECTION 37-3-501, AS AMENDED, RELATING TO THE DEFINITION OF A SUPERVISED LOAN, SO AS TO PROVIDE EXCEPTIONS TO THIS DEFINITION; AND TO AMEND SECTION 37-3-503, RELATING TO A LICENSE TO MAKE A SUPERVISED LOAN, SO AS TO PROHIBIT A PERSON LICENSED TO MAKE A SUPERVISED LOAN FROM ENGAGING IN CERTAIN CLOSED-END CREDIT TRANSACTIONS, AND TO PROVIDE GRADUATED PENALTIES FOR VIOLATIONS. - ratified title

Prohibit A Person Licensed To Make A Supervised Loan From Engaging In Certain Closed-end Credit Transactions, And To Provide Graduated Penalties For Violations. - Ratified Title

Rep. William Sandifer [R]

Date	Chamber	Action
2010-07-21		Act No. 287
2010-07-19		Effective date 06/29/10
2010-06-29		Veto overridden Yeas-27 Nays-10 SJ-90
2010-06-15		Veto overridden by originating body Yeas-103 Nays-4 HJ-120
2010-06-07		Vetoed by Governor
2010-06-01		Ratified R 272
2010-05-26		Roll call Yeas-96 Nays-0 HJ-48
2010-05-26		Concurred in Senate amendment and enrolled HJ-48
2010-05-25		Read third time and returned to House with amendments SJ-26
2010-05-24		Scrivener's error corrected
2010-05-20		Read second time SJ-17
2010-05-20		Amended SJ-17
2010-05-20		Committee Amendment Adopted SJ-17
2010-05-05		Committee report: Favorable with amendment Banking and Insurance SJ-11
2010-05-05		Polled out of committee Banking and Insurance SJ-11
2009-05-05		Referred to Committee on Banking and Insurance SJ-10
2009-05-05		Introduced and read first time SJ-10
2009-05-01		Read third time and sent to Senate HJ-4
2009-04-30		Unanimous consent for third reading on next legislative day HJ-153
2009-04-30		Roll call Yeas-97 Nays-1 HJ-153
2009-04-30		Read second time HJ-153
2009-04-30		Amended HJ-89
2009-04-30		Requests for debate removed-Rep(s). Kennedy, JH Neal, Hosey, King, Ott, Clyburn, Hart, Jefferson, RL Brown HJ-50
2009-04-29		Requests for debate-Rep(s). Kennedy, Ott, Hosey, Hart, JH Neal, Clyburn, JE Smith, HB Brown, Jefferson, Clemmons, Crawford, Lowe, Sandifer, Daning, RL Brown, Hutto, Brantley, and King HJ-101
2009-04-29		Debate adjourned HJ-29
2009-04-28		Debate adjourned until Wednesday, April 29, 2009 HJ-24
2009-04-22		Committee report: Favorable with amendment Labor, Commerce and Industry HJ-4
2009-03-26		Referred to Committee on Labor, Commerce and Industry HJ-7
2009-03-26		Introduced and read first time HJ-6

S0673 (Similar To) -

Chapter	Article	Section	Citation Type	Statute Text
29	4	20	(n/a)	See Bill Text
37	1	301	(n/a)	See Bill Text
37	23	20	(n/a)	See Bill Text
37	23	40	(n/a)	See Bill Text
37	23	45	(n/a)	See Bill Text
37	23	75	(n/a)	See Bill Text
37	3	105	(n/a)	See Bill Text
37	3	501	(n/a)	See Bill Text
37	3	503	(n/a)	See Bill Text
40	58	20	(n/a)	See Bill Text
40	58	50	(n/a)	See Bill Text

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=3790&session=118