Instructions


 
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Session 121 - (2015-2016)Printer Friendly
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S 0666 General Bill, By Hayes
Summary: Premium service agreements
    A BILL TO AMEND SECTION 38-39-70, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO MATTERS THAT MAY BE INCLUDED IN PREMIUM SERVICE AGREEMENTS, SO AS TO PROVIDE THESE AGREEMENTS ALSO MAY INCLUDE INTEREST ON MITIGATION LOANS AS APPROVED BY THE DIRECTOR OF THE DEPARTMENT OF INSURANCE OR HIS DESIGNEE AND TO PROVIDE INTEREST CHARGES RELATED TO MITIGATION PROJECTS OR LOANS MUST BE LIMITED TO THE STATUTORY LEGAL RATE OF INTEREST; AND TO AMEND SECTION 38-39-80, RELATING TO ACTIVITIES PROHIBITED OF INSURANCE PREMIUM SERVICE COMPANIES, SO AS TO PROVIDE INSURANCE PREMIUM SERVICE COMPANIES MAY NOT WRITE INSURANCE OR SELL OTHER SERVICES OR COMMODITIES IN CONNECTION WITH A PREMIUM SERVICE CONTRACT EXCEPT AS APPROVED BY THE DIRECTOR OR HIS DESIGNEE FOR MITIGATION PURPOSES.
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04/15/15Senate Introduced and read first time (Senate Journal-page 3)
04/15/15Senate Referred to Committee on Banking and Insurance (Senate Journal-page 3)
04/23/15Senate Committee report: Favorable Banking and Insurance (Senate Journal-page 11)
04/28/15Senate Read second time (Senate Journal-page 31)
04/28/15Senate Roll call Ayes-40 Nays-1 (Senate Journal-page 31)
04/29/15Senate Read third time and sent to House (Senate Journal-page 42)
04/30/15House Introduced and read first time (House Journal-page 33)
04/30/15House Referred to Committee on Labor, Commerce and Industry (House Journal-page 33)
05/21/15House Recalled from Committee on Labor, Commerce and Industry (House Journal-page 24)
05/26/15House Read second time
05/26/15House Roll call Yeas-76 Nays-3



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