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May 20, 2026, 05:59:48 am
Session 126 - (2025-2026)
Bill Number(s)...780
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S*0780 (Rat #0150) General Bill, By Gambrell
Summary: Consumer Home Loans
AN ACT TO 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
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Summary: Consumer Home Loans
AN ACT TO 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
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| 01/13/26 | Senate | Introduced and read first time (Senate Journal-page 50) |
| 01/13/26 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 50) |
| 02/12/26 | Senate | Committee report: Favorable Banking and Insurance (Senate Journal-page 8) |
| 02/18/26 | Senate | Read second time (Senate Journal-page 34) |
| 02/18/26 | Senate | Roll call Ayes-44 Nays-0 (Senate Journal-page 34) |
| 02/24/26 | Senate | Read third time and sent to House (Senate Journal-page 11) |
| 02/25/26 | House | Introduced and read first time (House Journal-page 10) |
| 02/25/26 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 10) |
| 04/30/26 | House | Committee report: Favorable Labor, Commerce and Industry (House Journal-page 7) |
| 05/04/26 | Scrivener's error corrected | |
| 05/05/26 | House | Debate adjourned until Wed., 5-6-26 (House Journal-page 37) |
| 05/06/26 | House | Debate adjourned |
| 05/07/26 | House | Read second time (House Journal-page 71) |
| 05/07/26 | House | Roll call Yeas-98 Nays-0 (House Journal-page 72) |
| 05/07/26 | House | Unanimous consent for third reading on next legislative day (House Journal-page 73) |
| 05/08/26 | House | Read third time and enrolled (House Journal-page 3) |
| 05/14/26 | Ratified R 150 | |
| 05/18/26 | Signed By Governor |
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