Staff Portal
Loading...
Session 123 - (2019-2020)Printer Friendly
(pdf format)
S*0580 (Rat #0123, Act #0121 of 2020) General Bill, By Gambrell
Summary: SC Life and Accident and Health Insurance Guaranty Association
AN ACT TO AMEND CHAPTER 29 OF TITLE 38, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSOCIATION, SO AS TO DEFINE NECESSARY TERMS, TO PROVIDE THE PURPOSE OF THE CHAPTER, TO ALTER THE APPLICATION OF THE CHAPTER, TO ESTABLISH CERTAIN POWERS AND DUTIES FOR THE ASSOCIATION IN RELATION TO IMPAIRED OR INSOLVENT MEMBER INSURERS, TO PROVIDE THAT THE BOARD OF DIRECTORS OF THE ASSOCIATION MAY CALL AN ASSESSMENT OF THE MEMBERS AND TO PROVIDE CLASSES FOR THE ASSESSMENTS, TO REQUIRE THE ASSOCIATION TO ESTABLISH A PLAN OF OPERATION AND REQUIRE THE PLAN TO CREATE PROCEDURES FOR REMOVING A MEMBER OF THE BOARD UNDER CERTAIN CIRCUMSTANCES AND TO ADDRESS CONFLICTS OF INTEREST, TO PROSCRIBE CERTAIN DUTIES FOR THE DIRECTOR OF THE DEPARTMENT OF INSURANCE TO AID IN THE DETECTION AND PREVENTION OF INSURER IMPAIRMENTS AND INSOLVENCIES, TO PROVIDE THAT NO PERSON MAY USE THE EXISTENCE OF THE SOUTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSOCIATION FOR THE PURPOSE OF INSURANCE SALES, AND TO REQUIRE THE ASSOCIATION TO PREPARE A DOCUMENT DESCRIBING THE GENERAL PURPOSES AND LIMITATIONS OF THIS CHAPTER. - ratified title
View full text View Vote History View Fiscal Impact
Summary: SC Life and Accident and Health Insurance Guaranty Association
AN ACT TO AMEND CHAPTER 29 OF TITLE 38, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SOUTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSOCIATION, SO AS TO DEFINE NECESSARY TERMS, TO PROVIDE THE PURPOSE OF THE CHAPTER, TO ALTER THE APPLICATION OF THE CHAPTER, TO ESTABLISH CERTAIN POWERS AND DUTIES FOR THE ASSOCIATION IN RELATION TO IMPAIRED OR INSOLVENT MEMBER INSURERS, TO PROVIDE THAT THE BOARD OF DIRECTORS OF THE ASSOCIATION MAY CALL AN ASSESSMENT OF THE MEMBERS AND TO PROVIDE CLASSES FOR THE ASSESSMENTS, TO REQUIRE THE ASSOCIATION TO ESTABLISH A PLAN OF OPERATION AND REQUIRE THE PLAN TO CREATE PROCEDURES FOR REMOVING A MEMBER OF THE BOARD UNDER CERTAIN CIRCUMSTANCES AND TO ADDRESS CONFLICTS OF INTEREST, TO PROSCRIBE CERTAIN DUTIES FOR THE DIRECTOR OF THE DEPARTMENT OF INSURANCE TO AID IN THE DETECTION AND PREVENTION OF INSURER IMPAIRMENTS AND INSOLVENCIES, TO PROVIDE THAT NO PERSON MAY USE THE EXISTENCE OF THE SOUTH CAROLINA LIFE AND ACCIDENT AND HEALTH INSURANCE GUARANTY ASSOCIATION FOR THE PURPOSE OF INSURANCE SALES, AND TO REQUIRE THE ASSOCIATION TO PREPARE A DOCUMENT DESCRIBING THE GENERAL PURPOSES AND LIMITATIONS OF THIS CHAPTER. - ratified title
View full text View Vote History View Fiscal Impact
| 02/27/19 | Senate | Introduced and read first time (Senate Journal-page 17) |
| 02/27/19 | Senate | Referred to Committee on Banking and Insurance (Senate Journal-page 17) |
| 03/19/19 | Senate | Committee report: Favorable with amendment Banking and Insurance (Senate Journal-page 10) |
| 03/21/19 | Senate | Committee Amendment Adopted (Senate Journal-page 39) |
| 03/26/19 | Senate | Read second time (Senate Journal-page 25) |
| 03/26/19 | Senate | Roll call Ayes-42 Nays-0 (Senate Journal-page 25) |
| 03/27/19 | Senate | Read third time and sent to House (Senate Journal-page 17) |
| 03/28/19 | House | Introduced and read first time (House Journal-page 3) |
| 03/28/19 | House | Referred to Committee on Labor, Commerce and Industry (House Journal-page 3) |
| 04/30/19 | House | Committee report: Favorable with amendment Labor, Commerce and Industry (House Journal-page 5) |
| 05/01/19 | House | Debate adjourned until Thur., 5-2-19 (House Journal-page 15) |
| 05/02/19 | House | Requests for debate-Rep(s). Sandifer, Hiott, Clary, Mack, Forrest, B. Newton, Felder, Gilliard, Burns, Calhoon, Spires, Ott, Huggins, Wooten, Yow, Kirby, Davis, Allison, West, G. R. Smith (House Journal-page 26) |
| 01/15/20 | House | Requests for debate removed-Rep(s). Sandifer, Clary, B Newton, Felder, Hiott, GR Smith, Burns, Allison, Ott, West, Calhoon, Spires, Yow, Kirby, Wooten, Forrest, and Gilliard (House Journal-page 89) |
| 01/15/20 | House | Amended (House Journal-page 103) |
| 01/15/20 | House | Debate adjourned until Thursday, January 16 (House Journal-page 132) |
| 01/16/20 | House | Requests for debate-Rep(s). King (House Journal-page 417) |
| 01/16/20 | House | Amended (House Journal-page 417) |
| 01/16/20 | House | Read second time (House Journal-page 417) |
| 01/16/20 | House | Roll call Yeas-113 Nays-0 (House Journal-page 418) |
| 01/16/20 | House | Unanimous consent for third reading on next legislative day (House Journal-page 419) |
| 01/17/20 | House | Read third time and returned to Senate with amendments (House Journal-page 2) |
| 03/10/20 | Senate | Concurred in amendment (Senate Journal-page 70) |
| 03/10/20 | Senate | Roll call Ayes-42 Nays-0 (Senate Journal-page 70) |
| 03/19/20 | Ratified R 123 | |
| 03/24/20 | Signed By Governor | |
| 03/26/20 | Effective date 03/24/20 | |
| 03/26/20 | Act No. 121 |