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Indicates Matter Stricken
Indicates New Matter
Sponsors: Rep. Howard
Document Path: l:\council\bills\rt\17550sa19.docx
Introduced in the House on January 16, 2019
Currently residing in the House Committee on Labor, Commerce and Industry
Summary: Urge lending institutions to implement a 90 day moratorium for foreclosures and late fees for customers who are federal government employees currently unpaid due to shutdown
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/16/2019 House Introduced and read first time (House Journal-page 23) 1/16/2019 House Referred to Committee on Labor, Commerce and Industry (House Journal-page 23) 1/24/2019 House Recalled from Committee on Labor, Commerce and Industry (House Journal-page 63) 1/29/2019 House Debate adjourned until Wed., 2-20-19 (House Journal-page 30) 2/20/2019 House Recommitted to Committee on Labor, Commerce and Industry (House Journal-page 12)
View the latest legislative information at the website
VERSIONS OF THIS BILL
January 24, 2019
S. Printed 1/24/19--H.
Read the first time January 16, 2019.
TO URGE LENDING INSTITUTIONS THAT DO BUSINESS IN THE STATE OF SOUTH CAROLINA TO IMPLEMENT A NINETY-DAY MORATORIUM FOR FORECLOSURES AND LATE FEES ON CONSUMER DEBT FOR FEDERAL EMPLOYEES WHO ARE CURRENTLY UNPAID BECAUSE OF THE GOVERNMENT SHUTDOWN.
Whereas, key parts of the United States government shut down on December 22, 2018. This shutdown affects more than eight hundred thousand federal workers in nine different departments, as well as several federal agencies, including the departments of Agriculture, Commerce, Justice, Homeland Security, Housing and Urban Development, Interior, State, Transportation, and Treasury. This shutdown is the longest in United States history; and
Whereas, federal employees that are considered "essential" are required to work without pay. Others are furloughed or placed on temporary leave; and
Whereas, many of the thousands of federal workers affected by the shutdown have expressed anxiety over not receiving their paychecks. Many federal workers are worried about not being able to pay their mortgages and bills. A ninety-day moratorium on foreclosures and late fees on consumer debt would greatly assist these individuals. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. A lending institution that does business in this State is urged to implement a ninety-day moratorium for foreclosures and late fees on consumer debt for all federal employees who are currently unpaid because of the government shutdown that began on December 22, 2018. If a lending institution allows a federal employee a moratorium for his debt, the federal employee is responsible for debt repayment at the end of the ninety-day period.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
This web page was last updated on September 11, 2019 at 10:19 AM