South Carolina General Assembly
119th Session, 2011-2012

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Indicates Matter Stricken
Indicates New Matter

S. 214

STATUS INFORMATION

General Bill
Sponsors: Senator Thomas
Document Path: l:\council\bills\agm\18183ab11.docx
Companion/Similar bill(s): 315

Introduced in the Senate on January 11, 2011
Currently residing in the Senate Committee on Banking and Insurance

Summary: Workers' compensation experience rating plan

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   12/8/2010  Senate  Prefiled
   12/8/2010  Senate  Referred to Committee on Banking and Insurance
   1/11/2011  Senate  Introduced and read first time (Senate Journal-page 100)
   1/11/2011  Senate  Referred to Committee on Banking and Insurance 
                        (Senate Journal-page 100)

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

12/8/2010

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

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-73-492 SO AS TO PROVIDE A WORKERS' COMPENSATION EXPERIENCE RATING PLAN USED IN THIS STATE MUST CALCULATE THE RATE OF AN INDIVIDUAL EMPLOYER BASED ON ALL PAYROLL HISTORY DATA AND LOSS HISTORY DATA PROVIDED BY THE INDIVIDUAL EMPLOYER AND MAY NOT EXCLUDE THIS DATA BECAUSE IT FAILS TO FALL WITHIN A SPECIFIED TIME PERIOD.

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

SECTION    1.    Article 5, Chapter 73, Title 38 of the 1976 Code is amended by adding:

"Section 38-73-492.    In addition to the other provisions of this chapter, a calculation of the workers' compensation experience modification rating of an individual employer in this State must include all payroll history data and loss history data made available by that individual employer to the nonpartisan rating bureau or other entity making the calculation, and may exclude none of this data for failing to fall within a specified time period. This section includes, but is not limited to, an experience modification rate that fails to account for a third party reimbursement, including a third party reimbursement made from the Second Injury Fund."

SECTION    2.    This act takes effect upon approval by the Governor.

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