Fabio
83 lines
3.8 KiB
Markdown
83 lines
3.8 KiB
Markdown
---
|
||
type: "Bill"
|
||
title: "Bridge Loans"
|
||
description: "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"
|
||
jurisdiction: "us/states/sc"
|
||
legislature: "South Carolina General Assembly"
|
||
session: "2025-2026"
|
||
identifier: "S 787"
|
||
citation: "South Carolina S 787 (2025-2026)"
|
||
classification: ["bill"]
|
||
subjects: []
|
||
status: "enacted"
|
||
primary_sponsors: ["Gambrell"]
|
||
version_count: 5
|
||
action_count: 21
|
||
vote_count: 2
|
||
first_action: "2026-01-13"
|
||
last_action: "2026-05-27"
|
||
source: "openstates"
|
||
source_identifier: "ocd-bill/021927ce-4af3-4cb7-9a6a-f00875b28343"
|
||
source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=787&session=126&summary=B"
|
||
source_hash: "4fdb2fd3f08d2197897944d7323354dad035464721335f5446e8f0469ca8a6a2"
|
||
vintage: "2026-07-01"
|
||
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
|
||
retrieved_at: "2026-07-06"
|
||
confidence: "reported"
|
||
tags: ["legislation", "bill", "us-sc"]
|
||
---
|
||
|
||
# South Carolina S 787 (2025-2026) — 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
|
||
|
||
## Version chain
|
||
|
||
The bill's text revisions, in order — the diff chain from filing to enrollment.
|
||
|
||
1. **Filed** (filed) — [source](https://www.scstatehouse.gov/sess126_2025-2026/bills/787.htm)
|
||
2. **01/13/2026** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/787_20260113.htm)
|
||
3. **02/12/2026** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/787_20260212.htm)
|
||
4. **04/30/2026** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/787_20260430.htm)
|
||
5. **05/07/2026** (committee substitute) — [source](https://www.scstatehouse.gov/sess126_2025-2026/prever/787_20260507.htm)
|
||
|
||
## Votes
|
||
|
||
- Passage of Bill — **102–0** (pass) · lower
|
||
- 2nd Reading — **44–0** (pass) · upper
|
||
|
||
## Sponsors
|
||
|
||
- Gambrell — primary (person)
|
||
|
||
## Timeline
|
||
|
||
The legislative action history — every referral, reading, and vote.
|
||
|
||
- **2026-01-13** Introduced and read first time `introduction, reading-1`
|
||
- **2026-01-13** Referred to Committee on Banking and Insurance `referral-committee`
|
||
- **2026-02-12** Committee report: Favorable Banking and Insurance `committee-passage-favorable`
|
||
- **2026-02-19** Read second time `reading-2`
|
||
- **2026-02-19** Roll call Ayes-44 Nays-0
|
||
- **2026-02-24** Read third time and sent to House `passage, reading-3`
|
||
- **2026-02-25** Introduced and read first time `introduction, reading-1`
|
||
- **2026-02-25** Referred to Committee on Labor, Commerce and Industry `referral-committee`
|
||
- **2026-04-30** Committee report: Favorable with amendment Labor, Commerce and Industry `committee-passage-favorable`
|
||
- **2026-05-05** Debate adjourned until Wed., 5-6-26
|
||
- **2026-05-06** Debate adjourned
|
||
- **2026-05-07** Amended `amendment-passage`
|
||
- **2026-05-07** Read second time `reading-2`
|
||
- **2026-05-07** Roll call Yeas-102 Nays-0
|
||
- **2026-05-07** Unanimous consent for third reading on next legislative day
|
||
- **2026-05-08** Read third time and returned to Senate with amendments `passage, reading-3`
|
||
- **2026-05-13** Concurred in House amendment and enrolled
|
||
- **2026-05-14** Ratified R 151
|
||
- **2026-05-18** Signed By Governor `executive-signature`
|
||
- **2026-05-27** Effective date 05/18/26
|
||
- **2026-05-27** Act No. 172
|
||
|
||
## Source
|
||
|
||
OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/021927ce-4af3-4cb7-9a6a-f00875b28343`. Confidence: reported (aggregated from official South Carolina legislature records).
|
||
|