South Carolina Senate Bill 379

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Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on February 25 2025 - 25% progression
Action: 2025-02-25 - Referred to Committee on Banking and Insurance
Pending: Senate Banking and Insurance Committee
Text: Latest bill text (Introduced) [HTML]

Prohibit New Deferred Presentment Licenses From Being Issued; To Provide That New Deferred Presentment Loans And Loan Renewals May Not Be Made After June 30, 2025; To Provide That Outstanding Loans After June 30, 2025 May Be Serviced Under A Payment Plan; To Provide That Existing Deferred-presentment Licensees May Transition Within The Nationwide Multistate Licensing System Without Cost From Being Licensed As A Deferred Presentment Provider To Being Licensed As A Supervised Lender For The Remainder Of The Existing Licensing Period; And To Repeal Chapter 39 Of Title 34.

Payday Loans

Sen. Ronnie Cromer [R]

Date	Chamber	Action
2025-02-25	Senate	Referred to Committee on Banking and Insurance
2025-02-25	Senate	Introduced and read first time

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=0379&session=126&summary=B
Text	https://www.scstatehouse.gov/sess126_2025-2026/prever/379_20250225.htm