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Session 126 - (2025-2026)Printer Friendly
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S 0780 General Bill, By Gambrell
Summary: Consumer Home Loans
A BILL 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.
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Summary: Consumer Home Loans
A BILL 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.
View full text View Vote History View Fiscal Impact
| 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) |

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