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Session 104 - (1981-1982)Printer Friendly
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H*2164 (Rat #0016, Act #0006 of 1981) General Bill, By House Labor, Commerce and Industry
Similar (S 0070)
A Bill to amend Act 7 of 1979, as amended, relating to removal of interest rate limitations on real estate mortgage loans and the suspension of the exclusion of loans primarily secured by a first lien which is a purchase money security interest in land from the definition of "consumer loan", so as to extend the time through June 30, 1985; to amend such Act and Section 37-1-202, as amended, Code of Laws of South Carolina, 1976, so as to increase the maximum amount of loans permitted to be made by individuals without rate limitations from five to ten in one calendar year; and to permit the State to override the Federal preemption of the State Mortgage Usury Laws as related to Act 7 of 1979.-at
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Similar (S 0070)
A Bill to amend Act 7 of 1979, as amended, relating to removal of interest rate limitations on real estate mortgage loans and the suspension of the exclusion of loans primarily secured by a first lien which is a purchase money security interest in land from the definition of "consumer loan", so as to extend the time through June 30, 1985; to amend such Act and Section 37-1-202, as amended, Code of Laws of South Carolina, 1976, so as to increase the maximum amount of loans permitted to be made by individuals without rate limitations from five to ten in one calendar year; and to permit the State to override the Federal preemption of the State Mortgage Usury Laws as related to Act 7 of 1979.-at
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01/15/81 | House | Introduced, read first time, placed on calendar without reference HJ-171 |
01/21/81 | House | Amended HJ-262 |
01/21/81 | House | Read second time HJ-263 |
01/22/81 | House | Read third time and sent to Senate HJ-304 |
01/22/81 | Senate | Introduced and read first time SJ-27 |
01/22/81 | Senate | Referred to Committee on Banking and Insurance SJ-27 |
01/29/81 | Senate | Committee report: Favorable Banking and Insurance SJ-11 |
02/03/81 | Senate | Read second time SJ-16 |
02/03/81 | Senate | Ordered to third reading with notice of amendments SJ-16 |
02/05/81 | Senate | Amended SJ-13 |
02/05/81 | Senate | Debate interrupted SJ-13 |
02/10/81 | Senate | Debate adjourned SJ-2 |
02/12/81 | Senate | Amended SJ-15 |
02/12/81 | Senate | Read third time SJ-15 |
02/12/81 | Senate | Returned SJ-15 |
02/17/81 | House | Concurred in Senate amendment and enrolled HJ-653 |
02/24/81 | House | Ratified R 16 HJ-749 |
03/02/81 | Signed By Governor | |
03/02/81 | Effective date 03/02/81 | |
03/02/81 | Act No. 6 | |
03/10/81 | Copies available |