South Carolina General Assembly
116th Session, 2005-2006

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A436, R213, S868

STATUS INFORMATION

Joint Resolution
Sponsors: Banking and Insurance Committee
Document Path: l:\council\bills\nbd\11841ac05.doc

Introduced in the Senate on May 19, 2005
Introduced in the House on May 31, 2005
Passed by the General Assembly on January 27, 2006
Governor's Action: February 3, 2006, Signed

Summary: Recognition of the 2001 CSO Mortality Table

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   5/19/2005  Senate  Introduced, read first time, placed on calendar without 
                        reference SJ-3
   5/25/2005  Senate  Read second time SJ-59
   5/26/2005  Senate  Read third time and sent to House SJ-316
   5/31/2005  House   Introduced and read first time HJ-86
   5/31/2005  House   Referred to Committee on Labor, Commerce and Industry 
                        HJ-86
   1/25/2006  House   Committee report: Favorable Labor, Commerce and Industry 
                        HJ-12
   1/26/2006  House   Read second time HJ-16
   1/26/2006  House   Unanimous consent for third reading on next legislative 
                        day HJ-17
   1/27/2006  House   Read third time and enrolled HJ-1
   1/31/2006          Ratified R 213
    2/3/2006          Signed By Governor
    2/7/2006          Copies available
    2/7/2006          Effective date 02/03/06
  10/17/2006          Act No. 436

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

5/19/2005
5/19/2005-A
1/25/2006

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

(A436, R213, S868)

A JOINT RESOLUTION TO APPROVE REGULATIONS OF THE DEPARTMENT OF INSURANCE, RELATING TO RECOGNITION OF THE 2001 CSO MORTALITY TABLE FOR USE IN DETERMINING MINIMUM RESERVE LIABILITIES AND NONFORFEITURE BENEFITS, DESIGNATED AS REGULATION DOCUMENT NUMBER 2978, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

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

Regulations approved

SECTION    1.    The regulations of the Department of Insurance, relating to Recognition of the 2001 CSO Mortality Table for Use in Determining Minimum Reserve Liabilities and Nonforfeiture Benefits, designated as Regulation Document Number 2978, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

Time effective

SECTION    2.    This joint resolution takes effect upon approval by the Governor.

Ratified the 31st day of January, 2006.

Approved the 3rd day of February, 2006.

__________


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