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May 20, 2026, 05:59:44 am
Session 126 - (2025-2026)
Bill Number(s)...787
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S*0787 (Rat #0151) General Bill, By Gambrell
Summary: Bridge Loans
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 37-3-110 SO AS TO DEFINE BRIDGE LOANS; AND BY AMENDING SECTION 37-3-402, RELATING TO BALLOON PAYMENTS, SO AS TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO BRIDGE LOANS. - RATIFIED TITLE
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Summary: Bridge Loans
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 37-3-110 SO AS TO DEFINE BRIDGE LOANS; AND BY AMENDING SECTION 37-3-402, RELATING TO BALLOON PAYMENTS, SO AS TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO BRIDGE LOANS. - RATIFIED TITLE
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| 01/13/26 | Senate | Introduced and read first time (Senate Journal-page 53) |
| 01/13/26 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 53) |
| 02/12/26 | Senate | Committee report: Favorable Banking and Insurance (Senate Journal-page 8) |
| 02/19/26 | Senate | Read second time (Senate Journal-page 15) |
| 02/19/26 | Senate | Roll call Ayes-44 Nays-0 (Senate Journal-page 15) |
| 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 11) |
| 02/25/26 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 11) |
| 04/30/26 | House | Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 7) |
| 05/05/26 | House | Debate adjourned until Wed., 5-6-26 (House Journal-page 38) |
| 05/06/26 | House | Debate adjourned |
| 05/07/26 | House | Amended (House Journal-page 73) |
| 05/07/26 | House | Read second time (House Journal-page 73) |
| 05/07/26 | House | Roll call Yeas-102 Nays-0 (House Journal-page 74) |
| 05/07/26 | House | Unanimous consent for third reading on next legislative day (House Journal-page 75) |
| 05/08/26 | House | Read third time and returned to Senate with amendments (House Journal-page 2) |
| 05/13/26 | Senate | Concurred in House amendment and enrolled (Senate Journal-page 75) |
| 05/14/26 | Ratified R 151 | |
| 05/18/26 | Signed By Governor |
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