· SC legislature · 2025-2026

Mortgage Payments

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.

Sponsor

Chris Hart (D-SC)

Introduced

2025-01-28

Policy area

Finance and Financial Sector

Latest action

Referred to Committee on Judiciary