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H4614 • 2026

Chargeback Fairness and Transparency Act

Chargeback Fairness and Transparency Act

Active

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

Sponsor
Reps. Oremus and C. Mitchell
Last action
2026-01-13
Official status
Referred to Committee on Labor, Commerce and Industry ( House Journal-page 36 )
Effective date
Not listed

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

Chargeback Fairness and Transparency Act

Chargeback Fairness and Transparency Act

What This Bill Does

  • Chargeback Fairness and Transparency Act

Limits and Unknowns

  • This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Bill History

  1. 2026-01-13 House

    Introduced and read first time ( House Journal-page 36 )

  2. 2026-01-13 House

    Referred to Committee on Labor, Commerce and Industry ( House Journal-page 36 )

  3. 2025-12-16 House

    Prefiled

  4. 2025-12-16 House

    Referred to Committee on Labor, Commerce and Industry

Official Summary Text

Chargeback Fairness and Transparency Act

Current Bill Text

Read the full stored bill text 
2025-2026 Bill 4614: Chargeback Fairness and Transparency Act - South Carolina Legislature Online

South Carolina General Assembly
126th Session, 2025-2026
Download
This Bill
in Microsoft Word Format
Indicates Matter Stricken
Indicates New Matter
H. 4614
STATUS INFORMATION
General Bill
Sponsors: Reps. Oremus and C. Mitchell
Document Path: LC-0360SA26.docx
Introduced in the House on January 13, 2026
Currently residing in the House Committee on
Labor, Commerce and Industry
Summary: Chargeback Fairness and Transparency Act
HISTORY OF LEGISLATIVE ACTIONS

Date

Body

Action Description with journal page number

12/16/2025

House

Prefiled

12/16/2025

House

Referred to Committee on
Labor, Commerce and Industry

1/13/2026

House

Introduced and read first time (
House Journal-page 36
)

1/13/2026

House

Referred to Committee on
Labor, Commerce and Industry
(
House Journal-page 36
)

View the latest
legislative information
at the website
VERSIONS OF THIS BILL
12/17/2025

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.

B
e it enacted by the
General Assembly of the State of South Carolina:

S
ECTION 1.
This act may be cited as the "Chargeback Fairness and Transparency Act."

S
ECTION 2.
C
hapter 1, Title 37 of the S.C. Code is amended by
adding:

S
ection
37-1-320
.
(
A) In the event of a
chargeback dispute, a financial institution may not charge fees on merchants or
consumers until the chargeback dispute is resolved and written notice is
provided. The written notice must include reasoning, evidence, and the
applicable appeals procedure. The Department of Consumer Affairs shall oversee
the implementation of this section and enforce compliance.

(
B)
For purposes of this section, "chargeback dispute" means a dispute over a debit
or credit card transaction.

S
ECTION 3. This act takes effect upon approval
by the Governor.

----XX----

This web page was last updated on January 13, 2026 at 2:42 PM