South Carolina Senate Bill 1073 (Prior Session Legislation)

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Spectrum: Slight Partisan Bill (Republican 2-1)
Status: Engrossed on April 28 2010 - 50% progression, died in chamber
Action: 2010-06-03 - Read third time and returned to Senate with amendments HJ-22

A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING CHAPTER 18 TO TITLE 37, SO AS TO REQUIRE THOSE WHO ENGAGE IN COLLATERAL RECOVERY TO APPLY FOR LICENSURE WITH THE DEPARTMENT OF CONSUMER AFFAIRS, TO PROVIDE WHAT MUST BE INCLUDED IN AN APPLICATION, TO PROVIDE ELIGIBILITY REQUIREMENTS FOR THOSE WHO ENGAGE IN COLLATERAL RECOVERY, TO PROVIDE LICENSE FEES, TO PROVIDE FOR THE INVESTIGATION OF LICENSE APPLICANTS, TO PROVIDE FOR THE FORM, VALIDITY PERIOD, AND RENEWAL OF ISSUED LICENSES, TO PROVIDE CANCELLATION REQUIREMENTS OF ISSUED LICENSES, TO PROVIDE FOR THE TRAINING OF INTERN COLLATERAL RECOVERERS, TO PROVIDE FOR VIOLATIONS AND ASSOCIATED PENALTIES OF THE CHAPTER, TO PROVIDE FOR THE CONFIDENTIALITY OF REQUIRED INVESTIGATIONS, TO ALLOW THE DEPARTMENT ACCESS TO CERTAIN RECORDS FOR INVESTIGATIONS, TO REQUIRE THE DEPARTMENT TO MAINTAIN CERTAIN STATISTICS, TO PROVIDE INVENTORY AND TITLE REQUIREMENTS, AND TO DEFINE CERTAIN TERMS.

Require Those Who Engage In Collateral Recovery To Apply For Licensure With The Department Of Consumer Affairs, To Provide What Must Be Included In An Application, To Provide Eligibility Requirements For Those Who Engage In Collateral Recovery, To Provide License Fees, To Provide For The Investigation Of License Applicants, To Provide For The Form, Validity Period, And Renewal Of Issued Licenses, To Provide Cancellation Requirements Of Issued Licenses, To Provide For The Training Of Intern Collateral Recoverers, To Provide For Violations And Associated Penalties Of The Chapter, To Provide For The Confidentiality Of Required Investigations, To Allow The Department Access To Certain Records For Investigations, To Require The Department To Maintain Certain Statistics, To Provide Inventory And Title Requirements, And To Define Certain Terms.

Sen. John Knotts [R]

Sen. Phil Leventis [D]

Sen. David Thomas [R]

Date	Chamber	Action
2010-06-03		Read third time and returned to Senate with amendments HJ-22
2010-06-02		Read second time HJ-8
2010-06-02		Amended HJ-8
2010-06-01		Recalled from Committee on Labor, Commerce and Industry HJ-76
2010-04-29		Referred to Committee on Labor, Commerce and Industry HJ-16
2010-04-29		Introduced and read first time HJ-16
2010-04-28		Read third time and sent to House SJ-33
2010-04-28		Amended SJ-33
2010-02-17		Read second time SJ-20
2010-02-17		Committee Amendment Amended and Adopted SJ-20
2010-02-16		Committee report: Favorable with amendment Banking and Insurance SJ-4
2010-01-21		Referred to Committee on Banking and Insurance SJ-3
2010-01-21		Introduced and read first time SJ-3

Type	Source
Summary	https://www.scstatehouse.gov/cgi-bin/web_bh10.exe?bill1=1073&session=118