South Carolina Legislature


Session 104 - (1981-1982)Printer Friendly
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H*2172 (Rat #0059, Act #0030 of 1981) General Bill, By  House Labor, Commerce and Industry
    A Bill to amend Act 379 of 1980, relating to the authority of the State Board of Financial Institutions to promulgate regulations permitting state chartered savings and loan associations to offer variable rates on first mortgage real estate loans, so as to allow state chartered banks to offer variable rates of interest on such loans, and to amend Act 7 of 1979, as amended, relating to interest rate limitations on certain first mortgage loans, so as to allow state chartered banks to offer such loans on promulgation and approval of regulations authorizing same by the State Board of Financial Institutions and to allow Federal Housing Administration approved mortgagees to offer such loans in accordance with authorization granted federally chartered banks.-at
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01/15/81House Introduced, read first time, placed on calendar without reference HJ-216
01/21/81House Read second time HJ-260
01/22/81House Read third time and sent to Senate HJ-304
01/22/81Senate Introduced and read first time SJ-27
01/22/81Senate Referred to Committee on Banking and Insurance SJ-27
02/26/81Senate Committee report: Favorable with amendment Banking and Insurance SJ-14
03/03/81Senate Amended SJ-15
03/03/81Senate Read second time SJ-16
03/05/81Senate Read third time SJ-16
03/05/81Senate Returned SJ-16
03/11/81House Debate interrupted HJ-1109
04/02/81House Concurred in Senate amendment and enrolled HJ-1671
04/08/81House Ratified R 59 HJ-1735
04/08/81 Signed By Governor
04/08/81 Effective date 04/08/81
04/08/81 Act No. 30
04/14/81 Copies available

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