States / South Carolina / H 3805

H 3805 In Committee

Mortgage Payments

Introduced
In Committee
Floor
Crossed Over
Passed
Enacted

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 29-1-70 SO AS TO PROVIDE A MANDATORY MINIMUM GRACE PERIOD OF TWENTY DAYS FOR A MORTGAGE PAYMENT, TO DEFINE THE TERM "GRACE PERIOD," AND TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO A SIMPLE INTEREST OR OTHER MORTGAGE IN WHICH INTEREST ACCRUES DAILY.

Chamber
House
Introduced
Jan 28, 2025
Last action
Jan 28, 2025 — Referred to Committee on Judiciary
Session
2025-2026
Momentum
31 · Low