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Session 126 - (2025-2026)Printer Friendly
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S*0787 (Rat #0151, Act #0172 of 2026) General Bill, By Gambrell
Summary: Bridge Loans
    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
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01/13/26Senate Introduced and read first time (Senate Journal-page 53)
01/13/26Senate Referred to Committee on Banking and Insurance (Senate Journal-page 53)
02/12/26Senate Committee report: Favorable Banking and Insurance (Senate Journal-page 8)
02/19/26Senate Read second time (Senate Journal-page 15)
02/19/26Senate Roll call Ayes-44 Nays-0 (Senate Journal-page 15)
02/24/26Senate Read third time and sent to House (Senate Journal-page 11)
02/25/26House Introduced and read first time (House Journal-page 11)
02/25/26House Referred to Committee on Labor, Commerce and Industry (House Journal-page 11)
04/30/26House Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 7)
05/05/26House Debate adjourned until Wed., 5-6-26 (House Journal-page 38)
05/06/26House Debate adjourned
05/07/26House Amended (House Journal-page 73)
05/07/26House Read second time (House Journal-page 73)
05/07/26House Roll call Yeas-102 Nays-0 (House Journal-page 74)
05/07/26House Unanimous consent for third reading on next legislative day (House Journal-page 75)
05/08/26House Read third time and returned to Senate with amendments (House Journal-page 2)
05/13/26Senate Concurred in House amendment and enrolled (Senate Journal-page 75)
05/14/26 Ratified R 151
05/18/26 Signed By Governor
05/27/26 Effective date 05/18/26
05/27/26 Act No. 172



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