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S. 1108
STATUS INFORMATION
General Bill
Sponsors: Senators Leventis, Hutto, Williams, Elliott, Matthews, O'Dell, Ford and Hayes
Document Path: l:\council\bills\nbd\11983dg12.docx
Companion/Similar bill(s): 3808
Introduced in the Senate on January 17, 2012
Currently residing in the Senate
Summary: Federal law violation to certain consumer loan transactions is a violation of state law
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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1/17/2012 Senate Introduced and read first time (Senate Journal-page 11)
1/17/2012 Senate Referred to Committee on Banking and Insurance
(Senate Journal-page 11)
4/17/2012 Senate Committee report: Favorable with amendment Banking and
Insurance (Senate Journal-page 7)
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
COMMITTEE REPORT
April 17, 2012
S. 1108
Introduced by Senators Leventis, Hutto, Williams, Elliott, Matthews, O'Dell and Ford
S. Printed 4/17/12--S.
Read the first time January 17, 2012.
To whom was referred a Bill (S. 1108) 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, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, by adding an appropriately numbered SECTION to read:
/ SECTION ___. Chapter 39, Title 34 of the 1976 Code is amended by adding:
"Section 34-39-205. 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." /
Renumber sections to conform.
Amend title to conform.
DAVID L. THOMAS for Committee.
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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