S 780 South Carolina Senate · 2025-2026 Regular Session

Consumer Home Loans

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

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Apr 2026

Senate Passage

Feb 2026

House Passage

May 2026

Signed into Law

May 2026

Introduced Jan 13, 2026 Signed May 18, 2026

Floor votes · Senate Feb 18, 2026 · House May 7, 2026

How they voted

43–0

Passed · 2 other

Total votes 45

Feb 18, 2026

D Democratic12

10 Yea 2

83% Yea

R Republican33

33 Yea

100% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

May 18, 2026

Signed into law

Signed By Governor

legislature

May 8, 2026

Lower · Passed

Read third time and enrolled

lower

May 7, 2026

House · Passed

House Vote: pass (88-0-26)

house

Apr 30, 2026

Lower · Passed

Committee report: Favorable Labor, Commerce and Industry

lower

Feb 25, 2026

Committee

Referred to Committee on Labor, Commerce and Industry

lower

Feb 25, 2026

Introduced

Introduced and read first time

lower

Feb 24, 2026

Upper · Passed

Read third time and sent to House

upper

Feb 18, 2026

Senate · Passed

Senate Vote: pass (43-0-2)

senate

Feb 12, 2026

Upper · Passed

Committee report: Favorable Banking and Insurance

upper

Jan 13, 2026

Committee

Referred to Committee on Banking and Insurance

upper

Jan 13, 2026

Introduced

Introduced and read first time

upper

1 primary · 0 co-sponsors