Bill Sponsor
South Carolina Senate Bill 780
Session 2025-2026
Consumer Home 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
780
State
South Carolina
Session
2025-2026
Sponsorship by Party
Summary
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 37-23-20, RELATING TO HIGH-COST AND CONSUMER HOME LOANS DEFINITIONS, SO AS TO PROVIDE THAT THE CONVENTIONAL MORTGAGE RATE MEANS THE AVERAGE PRIME OFFER RATE. - RATIFIED TITLE
Actions (20)
05/27/2026
South Carolina Legislature
Act No. 171
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 150
05/08/2026
House
Read third time and enrolled
05/07/2026
House
Unanimous consent for third reading on next legislative day
05/07/2026
House
Roll call Yeas-98 Nays-0
05/07/2026
House
Read second time
05/06/2026
House
Debate adjourned
05/05/2026
House
Debate adjourned until Wed., 5-6-26
05/04/2026
South Carolina Legislature
Scrivener's error corrected
04/30/2026
House
Committee report: Favorable 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
02/18/2026
Senate
Roll call Ayes-44 Nays-0
02/18/2026
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 10:55:41 AM
Record Updated
May 28, 2026 7:57:35 AM