Bill Sponsor
South Carolina Senate Bill 787
Session 2025-2026
Bridge Loans
Became Law
Became Law
Signed by Governor on May 18, 2026
First Action
Jan 13, 2026
Latest Action
May 27, 2026
Origin Chamber
Senate
Type
Bill
Bill Number
787
State
South Carolina
Session
2025-2026
Sponsorship by Party
Summary
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 37-3-110 SO AS TO DEFINE BRIDGE LOANS; AND BY AMENDING SECTION 37-3-402, RELATING TO BALLOON PAYMENTS, SO AS TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO BRIDGE LOANS. - RATIFIED TITLE
05/27/2026
South Carolina Legislature
Act No. 172
05/27/2026
South Carolina Legislature
Effective date 05/18/26
05/18/2026
South Carolina Legislature
Signed By Governor
05/14/2026
South Carolina Legislature
Ratified R 151
05/13/2026
Senate
Concurred in House amendment and enrolled
05/08/2026
House
Read third time and returned to Senate with amendments
05/07/2026
House
Unanimous consent for third reading on next legislative day
05/07/2026
House
Roll call Yeas-102 Nays-0
05/07/2026
House
Read second time
05/07/2026
House
Amended
05/06/2026
House
Debate adjourned
05/05/2026
House
Debate adjourned until Wed., 5-6-26
04/30/2026
House
Committee report: Favorable with amendment Labor, Commerce and Industry
02/25/2026
House
Referred to Committee on Labor, Commerce and Industry
02/25/2026
House
Introduced and read first time
02/24/2026
Senate
Read third time and sent to House
02/19/2026
Senate
Roll call Ayes-44 Nays-0
02/19/2026
Senate
Read second time
02/12/2026
Senate
Committee report: Favorable Banking and Insurance
01/13/2026
Senate
Referred to Committee on Banking and Insurance
01/13/2026
Senate
Introduced and read first time
Sources
Record Created
Jan 14, 2026 10:54:03 AM
Record Updated
May 28, 2026 7:59:54 AM