Current Status Bill Number:3138 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19950110 Primary Sponsor:Inabinett All Sponsors:Inabinett, Meacham, Stille, Lloyd, T. Brown and Law Drafted Document Number:BBM\9688JM.95 Residing Body:House Current Committee:Labor, Commerce and Industry Committee 26 HLCI Subject:Automobile insurance premium rates
Body Date Action Description Com Leg Involved
______ ________ _______________________________________ _______ ____________
House 19950110 Introduced, read first time, 26 HLCI
referred to Committee
House 19941221 Prefiled, referred to Committee 26 HLCI
View additional legislative information at the LPITS web site.
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-73-733 SO AS TO PROVIDE THAT WHEN AN AUTOMOBILE INSURANCE PREMIUM INCREASE IS CAUSED BY THE ASSESSMENT OF POINTS AGAINST A PERSON'S DRIVING RECORD, THE AMOUNT OF THE INCREASE MUST BE ELIMINATED WHEN SUCH POINTS ARE REMOVED FROM THE DRIVING RECORD.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-73-733. Notwithstanding any other provision of law, whenever an automobile insurance premium increase has occurred for a person as the result of the assessment of any points against his driving record pursuant to Section 56-1-720, the amount of the increase in such insurance premium must be eliminated when the points giving rise to the increase are removed from the person's driving record."
SECTION 2. This act takes effect upon approval by the Governor.