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Session 125 - (2023-2024)Printer Friendly
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S*0500 (Rat #0036, Act #0029 of 2023) General Bill, By Cromer, Campsen and Rankin
Similar (H 3746)
Summary: Department of Insurance
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-75-485, RELATING TO THE SOUTH CAROLINA HURRICANE DAMAGE MITIGATION PROGRAM, SO AS TO ESTABLISH GRANT CRITERIA, ESTABLISH A NONMATCHING GRANT FORMULA, AND TO REMOVE A CAP ON THE AMOUNT OF THE GRANT; BY AMENDING SECTION 38-3-110, RELATING TO DUTIES OF THE DIRECTOR OF THE DEPARTMENT OF INSURANCE, SO AS TO ALLOW THE DIRECTOR TO PROVIDE INFORMATION REGARDING FACTORS THAT MAY AFFECT PREMIUM RATES; BY AMENDING SECTION 38-73-1085, RELATING TO THE PUBLICATION OF REPRESENTATIVE SAMPLE PREMIUMS, SO AS TO ALLOW THE DIRECTOR OR HIS DESIGNEE TO MAKE AVAILABLE INFORMATION THAT AFFECTS PRIVATE PASSENGER PREMIUM RATES; BY AMENDING SECTION 38-61-80, RELATING TO WITHDRAWING FROM THE MARKET, SO AS TO REQUIRE NOTICE TO THE DIRECTOR BY THE INSURER; AND BY AMENDING SECTION 38-1-20, RELATING TO THE DEFINITION OF "SURPLUS LINES INSURANCE", SO AS TO INCLUDE A REFERENCE TO COMMERCIAL MOTOR VEHICLE LIABILITY. - RATIFIED TITLE
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Similar (H 3746)
Summary: Department of Insurance
AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-75-485, RELATING TO THE SOUTH CAROLINA HURRICANE DAMAGE MITIGATION PROGRAM, SO AS TO ESTABLISH GRANT CRITERIA, ESTABLISH A NONMATCHING GRANT FORMULA, AND TO REMOVE A CAP ON THE AMOUNT OF THE GRANT; BY AMENDING SECTION 38-3-110, RELATING TO DUTIES OF THE DIRECTOR OF THE DEPARTMENT OF INSURANCE, SO AS TO ALLOW THE DIRECTOR TO PROVIDE INFORMATION REGARDING FACTORS THAT MAY AFFECT PREMIUM RATES; BY AMENDING SECTION 38-73-1085, RELATING TO THE PUBLICATION OF REPRESENTATIVE SAMPLE PREMIUMS, SO AS TO ALLOW THE DIRECTOR OR HIS DESIGNEE TO MAKE AVAILABLE INFORMATION THAT AFFECTS PRIVATE PASSENGER PREMIUM RATES; BY AMENDING SECTION 38-61-80, RELATING TO WITHDRAWING FROM THE MARKET, SO AS TO REQUIRE NOTICE TO THE DIRECTOR BY THE INSURER; AND BY AMENDING SECTION 38-1-20, RELATING TO THE DEFINITION OF "SURPLUS LINES INSURANCE", SO AS TO INCLUDE A REFERENCE TO COMMERCIAL MOTOR VEHICLE LIABILITY. - RATIFIED TITLE
View full text View Vote History View Fiscal Impact
| 02/08/23 | Senate | Introduced and read first time (Senate Journal-page 38) |
| 02/08/23 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 38) |
| 02/22/23 | Senate | Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 18) |
| 02/27/23 | Scrivener's error corrected | |
| 02/28/23 | Senate | Committee Amendment Adopted (Senate Journal-page 46) |
| 02/28/23 | Senate | Read second time (Senate Journal-page 46) |
| 02/28/23 | Senate | Roll call Ayes-41 Nays-0 (Senate Journal-page 46) |
| 03/01/23 | Senate | Read third time and sent to House (Senate Journal-page 15) |
| 03/02/23 | House | Introduced and read first time (House Journal-page 8) |
| 03/02/23 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 8) |
| 05/03/23 | House | Committee report: Favorable Labor, Commerce and Industry (House Journal-page 6) |
| 05/04/23 | House | Read second time (House Journal-page 36) |
| 05/04/23 | House | Roll call Yeas-91 Nays-0 (House Journal-page 37) |
| 05/04/23 | House | Unanimous consent for third reading on next legislative day (House Journal-page 38) |
| 05/05/23 | House | Read third time and enrolled (House Journal-page 7) |
| 05/11/23 | Ratified R 36 | |
| 05/16/23 | Signed By Governor | |
| 05/25/23 | Effective date 05/16/23 | |
| 05/25/23 | Act No. 29 |