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Session 107 - (1987-1988)Printer Friendly
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S 1217 (Rat #0448) General Bill, By Senate Banking and Insurance
Similar (S 0955, H 3395)
    A Bill to amend Section 38-73-1100, Code of Laws of South Carolina, 1976, relating to the determination of excessive or unreasonable rates by the Chief Insurance Commissioner, so as to authorize him to order a refund of premiums where a determination that excessive or unreasonable profits have been realized; and to repeal Section 38-73-465 relating to the authority of the Chief Insurance Commissioner to order rates of individual insurers to be revised and excessive benefits rebated under certain conditions; and to amend Section 38-77-30, relating to definitions used regarding automobile insurance, so as to delete the definition of "underinsured motor vehicle".-amended title
02/23/88Senate Introduced, read first time, placed on calendar without reference SJ-5
02/24/88Senate Read second time SJ-51
02/25/88Senate Read third time and sent to House SJ-28
03/01/88House Introduced and read first time HJ-1554
03/01/88House Referred to Committee on Labor, Commerce and Industry HJ-1554
03/09/88House Recalled from Committee on Labor, Commerce and Industry HJ-1867
03/10/88House Amended HJ-1923
03/10/88House Read second time HJ-1923
03/10/88House Unanimous consent for third reading on next legislative day HJ-1923
03/11/88House Read third time HJ-1932
03/11/88House Returned HJ-1932
03/15/88Senate Concurred in House amendment and enrolled SJ-11
03/22/88 Ratified R 448
03/28/88 Vetoed by Governor
04/05/88Senate Veto sustained Yeas-38 Nays-3



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