2025-2026 Regular SessionSouth Carolina Legislature

S0347: Commercial Financing Disclosure

Legislative Summary

Amend The South Carolina Code Of Laws By Enacting The "commercial Financing Disclosure Act" By Adding Chapter 81 To Title 39 So As To Provide Definitions, To Provide To Which Commercial Financing Transactions The Provisions Apply, To Provide For Written Disclosures, To Provide For Prohibitions, And To Provide For Enforcement.

Demographic Impact

Overall analysis of equity impact

60% Positive
Medium ConfidenceView detailed demographic breakdown ↓

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Bill History

2/13/2025
Introduced and read first time
Senate
2/13/2025
Referred to Committee on Labor, Commerce and Industry
Senate

Status Information

Current Status
Introduced(2/13/2025)
Chamber
Senate
Committee
Labor, Commerce and Industry(Senate)

Sponsors

Republican: 1

Primary Sponsor

Thomas Davis
Thomas Davis
Republican

Documents

Introduced
Bill Text2/13/202522.5 KB
Fiscal Note
Fiscal Note3/24/2025162.9 KB