S*0287(Rat #0278, Act #0276 of 1982)  General Bill, By I.E. Lourie, Land and 
D.S. Taylor

Similar(H 2508)
 A Bill to amend Section 42-7-310, as amended, Code of Laws of South Carolina,
 1976, relating to the funding of the Second Injury Fund, so as to provide for
 payments of death benefits to the fund where there is no person entitled to
 receive such benefits.

   03/05/81  Senate Introduced and read first time SJ-6
   03/05/81  Senate Referred to Committee on Judiciary SJ-6
   05/20/81  Senate Committee report: Favorable Judiciary SJ-15
   05/27/81  Senate Read second time SJ-30
   05/28/81  Senate Read third time and sent to House SJ-15
   06/02/81  House  Introduced and read first time HJ-2752
   06/02/81  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-2752
   01/12/82  House  Committee report: Favorable with amendment Labor,
                     Commerce and Industry HJ-117
   01/14/82  House  Amended HJ-192
   01/19/82  House  Read second time HJ-225
   01/20/82  House   Read third time HJ-258
   01/20/82  House  Returned HJ-258
   01/20/82  Senate Concurred in House amendment and enrolled SJ-4
   01/26/82  Senate Ratified R 278 SJ-11
   01/28/82         Signed By Governor
   01/28/82         Effective date 07/01/82
   01/28/82         Act No. 276
   02/02/82         Copies available

AN ACT TO AMEND SECTION 42-7-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE FUNDING OF THE SECOND INJURY FUND, SO AS TO PROVIDE FOR PAYMENTS OF DEATH BENEFITS TO THE FUND WHERE THERE IS NO PERSON ENTITLED TO RECEIVE SUCH BENEFITS.

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

Funding of second injury fund

Section 1. Subsection (d) of Section 42-7-310 of the 1976 Code, as last amended by Act 24 of 1977, is further amended to read:

"(d) The funding of the Second Injury Fund on a continuing basis shall be by: (1) deposits to the account of the fund by the State Treasurer of those monies authorized to be paid to the Industrial Commission under Section 42-9-140 and (2) equitable assessments upon each carrier which, as used in this section, shall include all insurance carriers, self-insurers, and State Workmen's Compensation Fund. Each carrier shall under regulations prescribed by Industrial Commission, make payments to the fund in an amount equal to that proportion of one hundred seventy-five percent of the total disbursement made from the fund during the preceding fiscal year less the amount of net assets in the fund as of June thirtieth of the preceding fiscal year which the total benefits paid by such carrier bore to the total benefits by all carriers during the preceding calendar year. An employer who has ceased to be a self-insurer shall continue to be liable for any assessments into the fund on account of any benefits paid by him during such calendar year."

Time effective

Section 2. This act shall take effect July 1, 1982.