Bill 861

                    Current Status
Introducing Body:               Senate
Bill Number:                    861
Ratification Number:            527
Act Number:                     504
Primary Sponsor:                Greg Smith
Type of Legislation:            GB
Subject:                        Windstorm, hail insurance;
                                Murrells Inlet coastal area
Date Bill Passed both Bodies:   19940602
Computer Document Number:       861
Governor's Action:              S
Date of Governor's Action:      19940901
Introduced Date:                19940111
Date of Last Amendment:         19940602
Last History Body:              ------
Last History Date:              19940901
Last History Type:              Act No. 504
Scope of Legislation:           Statewide
All Sponsors:                   Greg Smith
Type of Legislation:            General Bill

Bill   Body    Date          Action Description              CMN  Leg Involved
----   ------  ------------  ------------------------------  ---  ------------
861    ------  19940901      Act No. 504
861    ------  19940901      Signed by Governor
861    ------  19940602      Ratified R 527
861    Senate  19940602      Ordered enrolled for
                             ratification
861    House   19940602      Free Conference Committee       99
                             Report received, adopted
861    House   19940602      Free Conference Powers          99   Richardson
                             granted, appointed Reps. to          Thomas
                             Committee of Free Conference         Keegan
861    Senate  19940601      Free Conference Committee       99
                             Report received, adopted
861    Senate  19940601      Free Conference Powers          99   Saleeby
                             granted, appointed Senators          Greg Smith
                             to Committee of Free                 Courtney
                             Conference
861    Senate  19940531      Conference powers granted,      98   Saleeby
                             appointed Senators to                Greg Smith
                             Committee of Conference              Courtney
861    House   19940531      Conference powers granted,      98   Richardson
                             appointed Reps. to Committee         Thomas
                             of Conference                        Keegan
861    House   19940531      Insists upon amendment
861    Senate  19940527      Non-concurrence in House
                             amendment
861    House   19940526      Read third time, returned to
                             Senate with amendment
861    House   19940525      Amended, read second time
861    House   19940504      Committee Report: Favorable     26
                             with amendment
861    House   19940405      Introduced, read first time,    26
                             referred to Committee
861    Senate  19940404      Read third time, sent to House
861    Senate  19940331      Amended, read second time,
                             ordered to third reading with
                             notice of general amendments,
                             to receive third reading on
                             Monday, April 4, 1994
861    Senate  19940330      Committee Report: Favorable     02
861    Senate  19940111      Introduced, read first time,    02
                             referred to Committee
861    Senate  19930927      Prefiled, referred to           02
                             Committee

(A504, R527, S861)

AN ACT TO AMEND SECTION 38-75-310, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DEFINITIONS FOR WIND AND HAIL INSURANCE, SO AS TO CHANGE THE DEFINITIONS OF "COASTAL AREA" AND "ESSENTIAL PROPERTY INSURANCE".

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

Definition of "coastal area" changed

SECTION 1. Section 38-75-310(5) of the 1976 Code is amended to read:

"(5) `Coastal area' means:

(a) all areas in Beaufort County and Colleton County which are east of the west bank of the intracoastal waterway;

(b) the following areas in Georgetown County: all areas between the Harrell Siau Bridge and Murrells Inlet which are east of a line paralleling and lying one hundred fifty feet east of U.S. Highway No. 17 Business, all areas in Murrells Inlet which are east of U.S. Highway No. 17 Business, and Cedar Island, North Island, and South Island;

(c) all areas in Horry County east of a line paralleling and lying one hundred fifty feet east of U. S. Highway No. 17 Business;

(d) the following areas in Charleston County: Edingsville Beach, Kiawah Island, Botany Bay Island, Folly Island, Seabrook Island, Morris Island, and all areas north of the city of Charleston which are east of the west bank of the intracoastal waterway."

Definition of "essential property insurance" changed

SECTION 2. Section 38-75-310(1) of the 1976 Code, as last amended by Act 469 of 1990, is further amended to read:

"(1) `Essential property insurance' means insurance against direct loss to property as defined and limited in the wind and hail insurance policy and forms approved by the commissioner; and after January 1, 1995, at the request of the insured, coverage for:

(a) actual loss of business income; or

(b) additional living expense; or

(c) fair rental value loss.

Prior to November 1, 1994, the South Carolina Wind and Hail Underwriting Association must file with the Commissioner for approval additional policy forms defining the terms of and providing coverage for actual loss of business income, additional living expense and fair rental value loss."

Time effective

SECTION 3. This act takes effect upon approval by the Governor.

Approved the 1st day of September, 1994.