South Carolina Legislature


 

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H 4367
Session 111 (1995-1996)


H 4367 General Bill, By Townsend, Allison, Bailey, H.G. Hutson, Littlejohn and 
Walker
 A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
 38-77-601 so as to exempt persons owning antique motor vehicles from the
 Reinsurance Facility recoupment charge.

   12/20/95  House  Prefiled
   12/20/95  House  Referred to Committee on Labor, Commerce and Industry
   01/09/96  House  Introduced and read first time HJ-68
   01/09/96  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-68



A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-77-601 SO AS TO EXEMPT PERSONS OWNING ANTIQUE MOTOR VEHICLES FROM THE REINSURANCE FACILITY RECOUPMENT CHARGE.

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

SECTION 1. The 1976 Code is amended by adding:

"Section 38-77-601. Notwithstanding any other provision of law, a person who owns an antique motor vehicle as defined in Section 56-3-2210 is exempt from the imposition and payment of the facility recoupment charge."

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

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