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Session 112 - (1997-1998)Printer Friendly
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H*3792 (Rat #0329, Act #0291 of 1998) General Bill, By Cato and Walker
Similar (S 0755)
    A BILL TO AMEND SECTION 38-73-540, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO CASUALTY AND SURETY INSURANCE RATES AND ASSIGNED RISK, SO AS TO PROVIDE, AMONG OTHER THINGS, THAT INSURERS PARTICIPATING IN THE VOLUNTARY MARKET SHALL PARTICIPATE IN CERTAIN MECHANISMS AND SHALL PAY THEIR ASSESSMENTS AND THAT THE ASSIGNED RISK PLAN ADMINISTRATOR SHALL MAINTAIN NECESSARY RATE-MAKING DATA IN ORDER TO PERMIT THE ACTUARIAL DETERMINATION OF RATES AND RATING PLANS APPROPRIATE FOR THE BUSINESS INSURED THROUGH THE PLAN; TO AMEND SECTION 38-73-1210, AS AMENDED, RELATING TO PROPERTY, CASUALTY, INLAND MARINE, AND SURETY INSURANCE RATES, RATING ORGANIZATIONS, AND THE PROVISION THAT MEMBERS OF A RATING ORGANIZATION ARE NOT REQUIRED TO FILE INDIVIDUALLY, SO AS TO AUTHORIZE A RATING ORGANIZATION TO COLLECT, COMPILE, AND DISSEMINATE TO INSURERS COMPILATIONS OF PAST AND CURRENT PREMIUMS OF INSURERS; AND TO PROVIDE THAT NOTHING CONTAINED IN THIS ACT APPLIES TO SELF-INSURERS.-AMENDED TITLE
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04/01/97House Introduced and read first time HJ-85
04/01/97House Referred to Committee on Labor, Commerce and Industry HJ-85
05/15/97House Committee report: Favorable with amendment Labor, Commerce and Industry HJ-6
05/21/97House Requests for debate-Rep(s). Spearman, Koon, Carnell, Moody-Lawrence, Kennedy, Stuart, Rodgers, Kelley, Loftis & Stoddard HJ-26
05/28/97House Debate adjourned until Tuesday, June 3, 1997 HJ-79
01/14/98House Debate interrupted HJ-38
01/15/98House Recommitted to Committee on Labor, Commerce and Industry HJ-14
02/18/98House Committee report: Favorable with amendment Labor, Commerce and Industry HJ-7
02/19/98House Requests for debate removed-Rep(s). Kelley, Kennedy, Moody-Lawrence, Stuart, Carnell, Stoddard, Rodgers, Koon & Loftis HJ-29
02/19/98House Amended HJ-28
02/19/98House Read second time HJ-30
02/19/98House Unanimous consent for third reading on next legislative day HJ-30
02/20/98House Read third time and sent to Senate HJ-3
02/24/98Senate Introduced and read first time SJ-8
02/24/98Senate Referred to Committee on Banking and Insurance SJ-8
03/19/98Senate Committee report: Favorable with amendment Banking and Insurance SJ-15
03/24/98Senate Amended SJ-24
03/24/98Senate Read second time SJ-24
03/24/98Senate Ordered to third reading with notice of amendments SJ-24
03/31/98Senate Read third time and returned to House with amendments SJ-18
04/02/98House Concurred in Senate amendment and enrolled HJ-25
04/14/98 Ratified R 329
04/20/98 Signed By Governor
04/20/98 See act for exception to or explanation of effective date
05/06/98 Copies available
05/06/98 Act No. 291



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