SC S0780 | 2025-2026 | 126th General Assembly

Status

Completed Legislative Action
Sponsorship: Partisan Bill (Republican 1)
Status: Passed on May 27 2026 - 100% progression
Action: 2026-05-27 - Act No. 171
Text: Latest bill text (Comm Sub) [HTML]

Summary

Amend The South Carolina Code Of Laws By Amending Section 37-23-20, Relating To High-cost And Consumer Home Loans Definitions, So As To Provide That The Conventional Mortgage Rate Means The Average Prime Offer Rate. - Ratified Title

Tracking Information

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Title

Consumer Home Loans

Sponsors


Roll Calls

2026-05-07 - House - House: Passage Of Bill (Y: 98 N: 0 NV: 13 Abs: 13) [PASS]
2026-02-18 - Senate - Senate: 2nd Reading (Y: 44 N: 0 NV: 0 Abs: 2) [PASS]

History

DateChamberAction
2026-05-27 Act No. 171
2026-05-27 Effective date 05/18/26
2026-05-18 Signed By Governor
2026-05-14 Ratified R 150
2026-05-08HouseRead third time and enrolled
2026-05-07HouseUnanimous consent for third reading on next legislative day
2026-05-07HouseRoll call Yeas-98 Nays-0
2026-05-07HouseRead second time
2026-05-06HouseDebate adjourned
2026-05-05HouseDebate adjourned until Wed., 5-6-26
2026-05-04 Scrivener's error corrected
2026-04-30HouseCommittee report: Favorable Labor, Commerce and Industry
2026-02-25HouseReferred to Committee on Labor, Commerce and Industry
2026-02-25HouseIntroduced and read first time
2026-02-24SenateRead third time and sent to House
2026-02-18SenateRoll call Ayes-44 Nays-0
2026-02-18SenateRead second time
2026-02-12SenateCommittee report: Favorable Banking and Insurance
2026-01-13SenateReferred to Committee on Banking and Insurance
2026-01-13SenateIntroduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
372320(n/a)See Bill Text

South Carolina State Sources


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