2025-2026 Regular Session • South Carolina Legislature
H3805: Mortgage Payments
Legislative Summary
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.
Demographic Impact
Overall analysis of equity impact
70% Positive
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Bill History
1/28/2025
Introduced and read first time
House of Representatives
1/28/2025
Referred to Committee on Judiciary
House of Representatives
Status Information
Current Status
Introduced(1/28/2025)
Chamber
House of Representatives
Committee
Judiciary(House of Representatives)
