South Carolina General Assembly
118th Session, 2009-2010

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H. 3750

STATUS INFORMATION

General Bill
Sponsors: Rep. J.E. Smith
Document Path: l:\council\bills\agm\19350mm09.docx

Introduced in the House on March 24, 2009
Currently residing in the House Committee on Labor, Commerce and Industry

Summary: Consumer loan transactions

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
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   3/24/2009  House   Introduced and read first time HJ-53
   3/24/2009  House   Referred to Committee on Labor, Commerce and Industry

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

3/24/2009

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 37-3-414 SO AS TO PROVIDE THAT A VIOLATION OF FEDERAL LAW AS TO CERTAIN CONSUMER LOAN TRANSACTIONS IS A VIOLATION OF STATE LAW.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Part 4, Chapter 3, Title 37 of the 1976 Code is amended by adding:

"Section 37-3-414.        Notwithstanding another provision of this chapter, a violation of a provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109-364, or a regulation adopted pursuant to it is a violation of this chapter."

SECTION    2.    This act takes effect upon approval by the Governor.

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