Current Status Introducing Body:House Bill Number:4247 Primary Sponsor:Harrelson Committee Number:26 Type of Legislation:GB Subject:Motor vehicle insurance, premium rebates or discounts Residing Body:House Current Committee:Labor, Commerce and Industry Computer Document Number:BR1/1943.JM Introduced Date:Jan 22, 1992 Last History Body:House Last History Date:Jan 22, 1992 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Harrelson T.C. Alexander Delleney Type of Legislation:General Bill
Bill Body Date Action Description CMN
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4247 House Jan 22, 1992 Introduced, read first time, 26
referred to Committee
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TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-77-970 SO AS TO PROVIDE THAT NOTHING IN TITLE 38 SHALL BE CONSTRUED TO PROHIBIT REBATES OR DISCOUNTS ON PREMIUMS TO THE INSURED WITH RESPECT TO MOTOR VEHICLE INSURANCE POLICIES OR CONTRACTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 38-77-970. Nothing contained in any provision of Title 38 shall be construed so as to prohibit rebates or discounts on premiums to the insured with respect to motor vehicle insurance policies or contracts."
SECTION 2. This act takes effect upon approval by the Governor.