Bill > H3494

This bill amends South Carolina law to temporarily halt foreclosure proceedings during a state of emergency. Specifically, the bill adds two new sections to the state code that prevent both judicial foreclosures and county treasurer foreclosures when the governor has declared a state of emergency for any part of the state. Under these new provisions, no judicial proceedings or judicial sales can be conducted to foreclose on real property, and county treasurers are prohibited from using their statutory authority to foreclose on properties during such emergencies. The bill includes a standard legal provision ensuring that the new law does not invalidate any existing legal actions or rights that were in place before the law's implementation, and it will take effect immediately upon the governor's approval. This legislation appears designed to provide temporary relief to property owners during times of widespread crisis, potentially protecting individuals and families from losing their homes during challenging circumstances like natural disasters, pandemics, or other significant emergencies.

Justice

https://www.scstatehouse.gov/billsearch.php?billnumbers=3494&session=126&summary=B