Current Status Introducing Body:
SenateBill Number: 1476Ratification Number: 558Act Number: 509Primary Sponsor: DrummondType of Legislation: GBSubject: Insurance Services DivisionDate Bill Passed both Bodies: May 28, 1992Computer Document Number: JIC/6506.HCGovernor's Action: SDate of Governor's Action: Jul 10, 1992Introduced Date: Apr 16, 1992Date of Last Amendment: Apr 30, 1992Last History Body: ------Last History Date: Jul 10, 1992Last History Type: Act No. 509Scope of Legislation: StatewideAll Sponsors: DrummondType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 1476 ------ Jul 10, 1992 Act No. 509 1476 ------ Jul 10, 1992 Signed by Governor 1476 ------ Jun 04, 1992 Ratified R 558 1476 House May 28, 1992 Read third time, enrolled for ratification 1476 House May 27, 1992 Read second time 1476 House May 19, 1992 Recalled from Committee 30 1476 House May 05, 1992 Introduced, read first time, 30 referred to Committee 1476 Senate Apr 30, 1992 Amended, read third time, sent to House 1476 Senate Apr 23, 1992 Read second time 1476 Senate Apr 22, 1992 Committee Report: Favorable 06 1476 Senate Apr 16, 1992 Introduced, read first time, 06 referred to CommitteeView additional legislative information at the LPITS web site.
(A509, R558, S1476)
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 1-11-460 SO AS TO AUTHORIZE THE STATE BUDGET AND CONTROL BOARD, THROUGH THE DIVISION OF INSURANCE SERVICES, TO PAY JUDGMENTS RENDERED PURSUANT TO 42 U.S.C. SECTION 1983 AGAINST INDIVIDUAL GOVERNMENTAL EMPLOYEES AND OFFICIALS OF LIMITED AMOUNTS IN EXCESS OF ONE MILLION DOLLARS, TO PROVIDE THAT THE PAYMENTS ARE LIMITED TO JUDGMENTS AGAINST OFFICIALS COVERED BY A TORT LIABILITY POLICY ISSUED BY THE INSURANCE RESERVE FUND FOR ACTS COMMITTED WITHIN THE SCOPE OF EMPLOYMENT, AND TO PROVIDE THAT PAYMENTS MUST BE RECOVERED BY ASSESSMENTS AGAINST ALL ENTITIES PURCHASING TORT LIABILITY INSURANCE FROM THE INSURANCE RESERVE FUND.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Article 1, Chapter 11, Title 1 of the 1976 Code is amended by adding:
"Section 1-11-460. The State Budget and Control Board, through the Division of Insurance Services, is authorized to pay judgments against individual governmental employees and officials, in excess of one million dollars, subject to a maximum of four million dollars in excess of one million dollars for one employee and a maximum of twenty million dollars in excess of five million dollars in one fiscal year. These payments are limited to judgments rendered under 42 U.S.C. Section 1983 against governmental employees or officials who are covered by a tort liability policy issued by the Insurance Reserve Fund. These payments are also limited to judgments against governmental employees and officials for acts committed within the scope of employment. If a judgment is paid, the payment must be recovered by assessments against all governmental entities purchasing tort liability insurance from the Insurance Reserve Fund."
SECTION 2. This act takes effect upon approval by the Governor.
Approved the 10th day of July, 1992.