S 787 South Carolina Senate · 2025-2026 Regular Session

Bridge Loans

Summary

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

Bill status signed all 5 stages cleared

Introduction

Jan 2026

Committee Review

Apr 2026

Senate Passage

May 2026

House Passage

May 2026

Signed into Law

May 2026

Introduced Jan 13, 2026 Signed May 18, 2026

Floor votes · Senate Feb 19, 2026 · House May 7, 2026

How they voted

43–0

Passed · 2 other

Total votes 45

Feb 19, 2026

D Democratic12

11 Yea 1

91% Yea

R Republican33

32 Yea 1

96% Yea

Vote distribution

All Yea All Nay Mixed No data

Full legislative history

Actions timeline

Total actions

Key actions

Committee

Amendments

May 18, 2026

Signed into law

Signed By Governor

legislature

May 13, 2026

Upper · Passed

Concurred in House amendment and enrolled

upper

May 8, 2026

Lower · Passed

Read third time and returned to Senate with amendments

lower

May 7, 2026

Lower · Passed

Amended

lower

May 7, 2026

House · Passed

House Vote: pass (93-0-22)

house

Apr 30, 2026

Lower · Passed

Committee report: Favorable with amendment 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 19, 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