South Carolina Legislature


 

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S 489
Session 107 (1987-1988)


S 0489 General Bill, By Senate Banking and Insurance
 A Bill to amend Section 31, Part II of Act 540 of 1986, the General
 Appropriations Act, relating to insurance company license fees and premium
 taxes, so as to remove dividends from the computation of total premiums for
 purposes of the premium tax and to provide that retaliatory provisions apply
 to a foreignNext insurer transacting business in this State regardless of whether
 a similar South Carolina insurer is licensed to transact business in the
 PreviousforeignNext company's state of domicile, to provide that comparisons of taxes and
 other obligations must be based on an item-by-item comparison between South
 Carolina taxes and obligations and similar taxes and obligations of the
 Previousforeign insurer's state of domicile, and to provide that municipal taxes and
 fees may not be considered in the comparisons.
   03/05/87  Senate Introduced, read first time, placed on calendar
                     without reference SJ-786
   03/11/87  Senate Read second time SJ-864
   03/11/87  Senate Ordered to third reading with notice of
                     amendments SJ-864
   03/24/87  Senate Amended SJ-1006
   03/24/87  Senate Read third time and sent to House SJ-1007
   03/25/87  House  Introduced and read first time HJ-1431
   03/25/87  House  Referred to Committee on Labor, Commerce and
                     Industry HJ-1431
   05/28/87  House  Committee report: Favorable with amendment Labor,
                     Commerce and Industry HJ-3303
   06/02/87  House  Objection by Rep. Winstead, G. Brown & Hearn HJ-3424
   06/02/87  House  Objection withdrawn by Rep. Hearn HJ-3443
   06/02/87  House  Objection by Rep. Blanding & Cooper HJ-3443
   05/30/88  House  Objection withdrawn by Rep. Winstead, Blanding &
                     G. Brown HJ-4314
   06/01/88  House  Debate adjourned until Thursday, June 2, 1988 HJ-4545
   06/02/88  House  Continued HJ-4670




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