South Carolina General Assembly
119th Session, 2011-2012
S. 1108
STATUS INFORMATION
General Bill
Sponsors: Senators Leventis, Hutto, Williams, Elliott, Matthews, O'Dell, Ford and Hayes
Document Path: l:\council\bills\nbd\11983dg12.docx
Companion/Similar bill(s): 3808
Introduced in the Senate on January 17, 2012
Currently residing in the Senate
Summary: Federal law violation to certain consumer loan transactions is a violation of state law
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
1/17/2012 Senate Introduced and read first time (Senate Journalpage11)
1/17/2012 Senate Referred to Committee on Banking and Insurance (Senate Journalpage11)
4/17/2012 Senate Committee report: Favorable with amendment Banking and Insurance (Senate Journalpage7)
VERSIONS OF THIS BILL
1/17/2012
4/17/2012
COMMITTEE REPORT
April 17, 2012
S.1108
Introduced by Senators Leventis, Hutto, Williams, Elliott, Matthews, O’Dell and Ford
S. Printed 4/17/12--S.
Read the first time January 17, 2012.
THE COMMITTEE ON BANKING AND INSURANCE
To whom was referred a Bill (S.1108) to amend the Code of Laws of South Carolina, 1976, by adding Section 373414 so as to provide that a violation of federal law as to certain, etc., respectfully
REPORT:
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, by adding an appropriately numbered SECTION to read:
/ SECTION ___. Chapter 39, Title 34 of the 1976 Code is amended by adding:
“Section 3439205. Notwithstanding another provision of this chapter, a violation of a provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109364, or a regulation adopted pursuant to it is a violation of this chapter.” /
Renumber sections to conform.
Amend title to conform.
DAVID L. THOMAS for Committee.
[1108-1]
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 373414 SO AS TO PROVIDE THAT A VIOLATION OF FEDERAL LAW AS TO CERTAIN CONSUMER LOAN TRANSACTIONS IS A VIOLATION OF STATE LAW.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Part 4, Chapter 3, Title 37 of the 1976 Code is amended by adding:
“Section 373414. Notwithstanding another provision of this chapter, a violation of a provision of Section 670 of the John Warner National Defense Authorization Act for Fiscal Year 2007, Public Law 109364, or a regulation adopted pursuant to it is a violation of this chapter.”
SECTION 2. This act takes effect upon approval by the Governor.
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[1108] 1