South Carolina General Assembly
112th Session, 1997-1998

Bill 3953

Indicates Matter Stricken
Indicates New Matter 

                    Current Status

Bill Number:                       3953
Type of Legislation:               General Bill GB
Introducing Body:                  House
Introduced Date:                   19970410
Primary Sponsor:                   Bowers 
All Sponsors:                      Bowers 
Drafted Document Number:           dka\4312jm.97
Residing Body:                     House
Current Committee:                 Labor, Commerce and Industry
                                   Committee 26 HLCI
Subject:                           Workers' compensation
                                   insurance, new businesses to be
                                   assessed lowest rates until claims
                                   filed justify higher rate
History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________
House   19970410  Introduced, read first time,             26 HLCI
                  referred to Committee
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 42-5-85 SO AS TO PROVIDE THAT NEW BUSINESSES IN SOUTH CAROLINA SHALL BE ASSESSED THE LOWEST RATE FOR WORKER'S COMPENSATION INSURANCE UNTIL CLAIMS ARE FILED INDICATING THE JUSTIFICATION FOR HIGHER RATES.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The 1976 Code is amended by adding:

"Section 42-5-85.

SECTION 2. This act takes effect upon approval by the Governor.

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