South Carolina Legislature




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Session 119 - (2011-2012)Printer Friendly
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H*4082 (Rat #0296, Act #0271 of 2012) General Bill, By Vick, Edge, Hiott, Hayes, R.L. Brown, Jefferson, Bowers, Anthony, Skelton, Williams, McLeod, G.M. Smith, Weeks, Gilliard, Agnew, Horne, Funderburk, Tribble, Pinson, Clemmons and Neilson
Summary: Insurance premium tax
    AN ACT TO AMEND SECTION 38-7-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE IMPOSITION OF THE INSURANCE PREMIUM TAX, SO AS TO PROVIDE THAT BEGINNING JULY 1, 2013, THROUGH JUNE 30, 2017, 2.25 PERCENT OF THE ANNUAL REVENUE OF THIS TAX MUST BE TRANSFERRED TO THE SOUTH CAROLINA FORESTRY COMMISSION AND USED BY IT FOR FIREFIGHTING AND FIREFIGHTING EQUIPMENT REPLACEMENT. - ratified title
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04/13/11House Introduced and read first time (House Journal-page 20)
04/13/11House Referred to Committee on Ways and Means (House Journal-page 20)
05/04/11House Member(s) request name added as sponsor: Hiott
01/12/12House Member(s) request name added as sponsor: Hayes, R.L.Brown
01/18/12House Member(s) request name added as sponsor: Jefferson
01/24/12House Member(s) request name added as sponsor: Bowers, Anthony
01/31/12House Member(s) request name added as sponsor: Skelton
02/02/12House Member(s) request name added as sponsor: Williams
02/08/12House Member(s) request name added as sponsor: McLeod
02/09/12House Member(s) request name added as sponsor: G.M.Smith, Weeks
02/22/12House Member(s) request name added as sponsor: Gilliard
03/01/12House Member(s) request name added as sponsor: Agnew
03/12/12House Member(s) request name added as sponsor: Horne
03/14/12House Member(s) request name added as sponsor: Funderburk, Tribble, Pinson
04/19/12House Committee report: Favorable with amendment Ways and Means (House Journal-page 8)
04/25/12House Member(s) request name added as sponsor: Clemmons, Neilson
04/26/12House Amended (House Journal-page 61)
04/26/12House Read second time (House Journal-page 61)
04/26/12House Roll call Yeas-103 Nays-0 (House Journal-page 62)
04/26/12House Unanimous consent for third reading on next legislative day (House Journal-page 63)
04/27/12House Read third time and returned to Senate with amendments (House Journal-page 3)
05/01/12Senate Introduced and read first time (Senate Journal-page 7)
05/01/12Senate Referred to Committee on Finance (Senate Journal-page 7)
05/30/12Senate Committee report: Favorable with amendment Finance (Senate Journal-page 13)
05/31/12Senate Committee Amendment Adopted (Senate Journal-page 60)
05/31/12Senate Read second time (Senate Journal-page 60)
05/31/12Senate Roll call Ayes-37 Nays-1 (Senate Journal-page 60)
06/05/12Senate Read third time and returned to House with amendments (Senate Journal-page 46)
06/06/12House Concurred in Senate amendment and enrolled (House Journal-page 6)
06/06/12House Roll call Yeas-74 Nays-0 (House Journal-page 6)
06/12/12 Ratified R 296
06/18/12 Vetoed by Governor
06/19/12House Veto overridden by originating body Yeas-108 Nays-2
06/20/12Senate Veto overridden Ayes-42 Nays-1
07/02/12 Effective date 07/01/13
07/09/12 Act No. 271



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