H*2067 Session 103 (1979-1980)
H*2067(Rat #0016, Act #0007 of 1979) General Bill, By R.L. Cobb, A.H. Buchan,
T.M. Burriss, B. Campbell, Carnell, R.L. Carter, M.J. Cooper, W.R. Crow,
W.G. DesChamps, J.C. Duncan, M.L. Eargle, T.W. Edwards, P. Gelegotis,
B.J. Gordon, H.C. Granger, P.B. Harris, Harvin, D.O. Hawkins, B.L. Hendricks,
S.H. Howard, B.E. Huff, J.G. McAbee, D.F. McInnis, R.N. McLellan, L. Phillips,
J.C. Pracht, C.T. Sandifer, R. Schwartz, K.W. Shelley and J.J. Snow
Similar(S 39, S 158)
A Bill to remove from the usury statutes any interest rate limitation on real
estate mortgage loans until June 30, 1981; to provide exceptions in relation
to loans subject to the provisions of the Consumer Protection Code, restrict
real estate mortgage loans authorized under the Act to those with fixed
interest rates; to amend Section 37-1-202, Code of Laws of South Carolina,
1976, as amended, relating to exemptions from the Consumer Protection Code, so
as to include certain first mortgage loans; and to amend Section 34-31-30, as
amended, relating to the usury laws, so as to delete a proviso establishing
certain interest rates.-at
12/18/78 House Prefiled
12/18/78 House Referred to Committee on Labor, Commerce and Industry
01/09/79 House Introduced and read first time HJ-76
01/09/79 House Referred to Committee on Labor, Commerce and
Industry HJ-76
01/18/79 House Committee report: Favorable with amendment Labor,
Commerce and Industry HJ-204
01/24/79 House Debate adjourned until TUESDAY, JANUARY 30, 1979 HJ-289
01/30/79 House Amended HJ-346
01/30/79 House Read second time HJ-350
01/31/79 House Read third time and sent to Senate HJ-369
01/31/79 Senate Introduced and read first time SJ-6
01/31/79 Senate Referred to Committee on Banking and Insurance SJ-6
01/31/79 Senate Recalled from Committee on Banking and Insurance SJ-11
02/01/79 Senate Amended SJ-18
02/01/79 Senate Read second time SJ-18
02/01/79 Senate Ordered to third reading with notice of
amendments SJ-18
02/02/79 Senate READ THIRD TIME SJ-2
02/02/79 Senate Returned SJ-2
02/07/79 House Concurred in Senate amendment and enrolled HJ-451
02/07/79 House Ratified R 16 HJ-487
02/08/79 Signed By Governor
02/08/79 Effective date 02/08/79
02/08/79 Act No. 7
02/15/79 Copies available
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