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H4614 • 2026

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "CHARGEBACK FAIRNESS AND TRANSPARENCY ACT" BY ADDING SECTION 37-1-320 SO AS TO PROVIDE THAT FINANCIAL INSTITUTIONS MAY NOT CHARGE FEES DURING A CHARGEBACK DISPUTE.

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "CHARGEBACK FAIRNESS AND TRANSPARENCY ACT" BY ADDING SECTION 37-1-320 SO AS TO PROVIDE THAT FINANCIAL INSTITUTIONS MAY NOT CHARGE FEES DURING A CHARGEBACK DISPUTE.

Active

The official status still shows this bill as active or still awaiting another formal step.

Sponsor
Reps. Oremus and C. Mitchell
Last action
Official status
Effective date
Not listed

Plain English Breakdown

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Bill History

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Official Summary Text

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ENACTING THE "CHARGEBACK FAIRNESS AND TRANSPARENCY ACT" BY ADDING SECTION 37-1-320 SO AS TO PROVIDE THAT FINANCIAL INSTITUTIONS MAY NOT CHARGE FEES DURING A CHARGEBACK DISPUTE.