S0780Introduced in the Senate
Consumer Home Loans
Introduced by Michael Gambrell, District 4
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
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
Where it stands
Act No. 171
May 27, 2026
How did lawmakers vote?
House votes
1 recorded vote · each counted separately
Senate votes
1 recorded vote · each counted separately
HouseStage: House: Passage Of Bill · May 7, 2026
98
Yes
0
No
26
Absent or Not Voting
124 representatives recorded in this House vote. Colors show vote categories only, not whether a vote was good or bad.
See how each representative voted
| Representative | District | Vote |
|---|---|---|
| William Whitmire | 1 | Yes |
| Adam Duncan | 2 | Yes |
| Phillip Bowers | 3 | Yes |
| Davey Hiott | 4 | Yes |
| Neal Collins | 5 | Yes |
| April Cromer | 6 | Yes |
| Lee Gilreath | 7 | Yes |
| Don Chapman | 8 | Yes |
| Blake Sanders | 9 | Yes |
| Thomas Beach | 10 | Yes |
Bill history
Introduced and read first time
Referred to Committee on Banking and Insurance
Committee report: Favorable Banking and Insurance
Read second time
Roll call Ayes-44 Nays-0
Read third time and sent to House
Introduced and read first time
Referred to Committee on Labor, Commerce and Industry
Committee report: Favorable Labor, Commerce and Industry
Scrivener's error corrected
Debate adjourned until Wed., 5-6-26
Debate adjourned
Read second time
Roll call Yeas-98 Nays-0
Unanimous consent for third reading on next legislative day
Read third time and enrolled
Ratified R 150
Signed By Governor
Effective date 05/18/26
Act No. 171
Verify the information
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