Legislative Research: SC S47 | 2009-2010 | 118th General Assembly

Other Sessions

SessionTitle/DescriptionLast Action
2009-2010
118th General Assembly

(Introduced - Dead)
A BILL TO AMEND CHAPTER 39 OF TITLE 34 OF THE 1976 CODE, RELATING TO DEFERRED PRESENTMENT SERVICES, BY ADDING SECTION 34-39-175, TO PROVIDE THAT THE CONSUMER FINANCE DIVISION OF THE BOARD OF FINANCIAL INSTITUTIONS MUST IMPLEMENT A DEFERRED PRESENTMEN...
[S47 2009 Detail][S47 2009 Text][S47 2009 Comments]
2009-01-13
Referred to Committee on Banking and Insurance SJ-94

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Legislative Citation

APA
SC S47 | 2009-2010 | 118th General Assembly. (2009, January 13). LegiScan. Retrieved August 01, 2024, from https://legiscan.com/SC/bill/S47/2009
MLA
"SC S47 | 2009-2010 | 118th General Assembly." LegiScan. LegiScan LLC, 13 Jan. 2009. Web. 01 Aug. 2024. <https://legiscan.com/SC/bill/S47/2009>.
Chicago
"SC S47 | 2009-2010 | 118th General Assembly." January 13, 2009 LegiScan. Accessed August 01, 2024. https://legiscan.com/SC/bill/S47/2009.
Turabian
LegiScan. SC S47 | 2009-2010 | 118th General Assembly. 13 January 2009. https://legiscan.com/SC/bill/S47/2009 (accessed August 01, 2024).

Same As/Similar To

BillRelationshipDateTitleLast Action
S0015Similar To2009-01-13Relating To Deferred Presentment Services, By Adding Section 34-39-175 To Provide That The Consumer Finance Division Of The Board Of Financial Institutions Must Implement A Deferred Presentment Loan Tracking Database And To Provide For Information Required In The Database; To Add Section 34-39-270 To Limit Consumers To One Deferred Presentment Loan At A Time, To Provide For A Seven Day Waiting Period Between Loans, To Require Deferred Presentment Providers To Verify A Consumers Eligibility For A Loan Prior To Entering A Deferred Presentment Transaction, To Provide For The Process To Determine Eligibility; To Add Section 34-39-280 To Provide That Under Certain Circumstances A Consumer May Utilize A Payment Plan To Satisfy An Outstanding Loan, To Provide For The Circumstances Under Which A Payment Plan May Be Used, And The Requirements For A Payment Plan; To Add Section 34-39-290 To Provide That The Board Must Make Annual Reports And To Provide For The Contents Of Those Reports; To Amend Section 34-39-130 To Provide For The Applicability Of Chapter 39 Of Title 34; To Amend Section 34-39-150 To Provide That The Application Fee For New Licenses And License Renewal Fees Are Increased From Two Hundred Fifty Dollars To Five Hundred Dollars; To Amend Section 34-39-180 To Provide For A Maximum Loan Amount Based Upon The Consumer's Gross Income Or Five Hundred Dollars, To Provide For Consumer Warning Statements, To Provide That Deferred Presentment Providers May Not Enter Into A Loan With A Consumer Satisfying Another Loan Pursuant To An Extended Payment Plan, And To Provide That The Board Must Develop A Form To Be Used By Deferred Presentment Providers To Calculate The Maximum Amount That May Be Lent To A Consumer; To Amend Section 34-39-200 To Provide Additional Limitations On The Activities Of Licensed Deferred Presentment Providers; To Amend Chapter 39 Of Title 34 By Adding Section 39-34-205 To Place On-premises Advertising Limitations; And To Amend Section 34-39-170 To Provide That Consumers And Deferred Presentment Providers May Not Enter Into Agreements That Allow For Automatic Debited Loan Payments.Referred to Committee on Banking and Insurance SJ-78
S0087Similar To2009-01-13Require Compliance With Law When Acting For A Third-party Lender.Referred to Committee on Banking and Insurance SJ-110
S0113Similar To2009-01-13Relating To Deferred Presentment Services, By Adding Section 34-39-175 To Provide That The Consumer Finance Division Of The Board Of Financial Institutions Must Implement A Deferred Presentment Loan Tracking Database And To Provide For Information Required In The Database; To Add Section 34-39-270 To Limit Consumers To One Deferred Presentment Loan At A Time, To Provide For A Seven Day Waiting Period Between Loans, To Require Deferred Presentment Providers To Verify A Consumers Eligibility For A Loan Prior To Entering A Deferred Presentment Transaction, And To Provide For The Process To Determine Eligibility; To Add Section 34-39-280 To Provide That Under Certain Circumstances A Consumer May Utilize A Payment Plan To Satisfy An Outstanding Loan, To Provide For The Circumstances Under Which A Payment Plan May Be Used, And The Requirements For A Payment Plan; To Add Section 34-39-290 To Provide That The Board Must Make Annual Reports And To Provide For The Contents Of Those Reports; To Amend Section 34-39-130 To Provide For The Applicability Of Chapter 39 Of Title 34; To Amend Section 34-39-150 To Provide That The Application Fee For New Licenses And License Renewal Fees Are Increased From Two Hundred Fifty Dollars To Five Hundred Dollars; To Amend Section 34-39-180 To Provide For A Maximum Loan Amount Based Upon The Consumer's Gross Income Or Five Hundred Dollars, To Provide For Consumer Warning Statements, To Provide That Deferred Presentment Providers May Not Enter Into A Loan With A Consumer Satisfying Another Loan Pursuant To An Extended Payment Plan, And To Provide That The Board Must Develop A Form To Be Used By Deferred Presentment Providers To Calculate The Maximum Amount That May Be Lent To A Consumer; To Amend Section 34-39-200 To Provide Additional Limitations On The Activities Of Licensed Deferred Presentment Providers; To Amend Chapter 39 Of Title 34 By Adding Section 39-34-205 To Place On-premises Advertising Limitations; And To Amend Section 34-39-170 To Provide That Consumers And Deferred Presentment Providers May Not Enter Into Agreements That Allow For Automatic Debited Loan Payments.Referred to Committee on Banking and Insurance SJ-122
H3159Similar To2009-01-13Require Compliance With Law When Acting For A Third-party Lender.Referred to Committee on Labor, Commerce and Industry HJ-73

Code Citations

ChapterArticleSectionCitation TypeStatute Text
3439130(n/a)See Bill Text
3439150(n/a)See Bill Text
3439175(n/a)See Bill Text
3439180(n/a)See Bill Text
3439200(n/a)See Bill Text
3439270(n/a)See Bill Text
3439280(n/a)See Bill Text
3439290(n/a)See Bill Text

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