South Carolina · 2025-2026 Regular Session · Bill
S 787: Bridge Loans
Enacted Official data
- Introduced
- In committee
- Passed one chamber
- Passed both chambers
- Enacted
Last official action: ·Record last updated:
Plain-language summary
S 787 is a bill introduced in the South Carolina Senate on January 13, 2026. According to its official title, it concerns: Bridge Loans. Primary sponsor: Mike Gambrell (Republican). Most recent recorded action (May 27, 2026): Act No. 172.
Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written
Official summary
Abstract published by the legislature (via Open States). Text as published by the legislature; reproduced verbatim.
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 37-3-110 SO AS TO DEFINE BRIDGE LOANS; AND BY AMENDING SECTION 37-3-402, RELATING TO BALLOON PAYMENTS, SO AS TO PROVIDE THAT THIS SECTION DOES NOT APPLY TO BRIDGE LOANS. - RATIFIED TITLE
Sponsors
Sponsors by party (alphabetical): Republican 1
| Name | Role | Party | Chamber | District |
|---|---|---|---|---|
| Mike Gambrell | Primary sponsor | Republican | Senate | 4 |
“Support” is shown only as formal sponsorship recorded by the legislature. Roll-call votes are available on the official bill page.
Recent official actions
- Act No. 172
- Effective date 05/18/26
- Signed By Governor
- Ratified R 151
- Concurred in House amendment and enrolled
- Read third time and returned to Senate with amendments
- Unanimous consent for third reading on next legislative day
- Roll call Yeas-102 Nays-0
- Read second time
- Amended
- Debate adjourned
- Debate adjourned until Wed., 5-6-26
Showing 12 most recent of 21 actions. Full history