Current Status Bill Number:
4444Type of Legislation: General Bill GBIntroducing Body: HouseIntroduced Date: 19960116Primary Sponsor: SharpeAll Sponsors: SharpeDrafted Document Number: 3440jm.96Residing Body: SenateSubject: Insurance agents continuing education
Body Date Action Description Com Leg Involved ______ ________ _______________________________________ _______ ____________ Senate 19960515 Minority report withdrawn 02 SBI Senate 19960416 Committee report: majority 02 SBI favorable, minority unfavorable Senate 19960227 Introduced, read first time, 02 SBI referred to Committee House 19960227 Read third time, sent to Senate House 19960226 Unanimous consent for third reading on the next Legislative day House 19960226 Read second time House 19960221 Committee report: Favorable 26 HLCI House 19960116 Introduced, read first time, 26 HLCI referred to CommitteeView additional legislative information at the LPITS web site.
Indicates Matter Stricken
Indicates New Matter
April 16, 1996
S. Printed 4/16/96--S.
Read the first time February 27, 1996.
To whom was referred a Bill (H. 4444), to amend Sections 38-43-105 and 38-43-106, both as amended, Code of Laws of South Carolina, 1976, relating to education, etc., respectfully
That they have duly and carefully considered the same, and recommend that the same do pass:
Majority favorable. Minority unfavorable.
EDWARD E. SALEEBY JOHN E. COURSON
For Majority. For Minority.
TO AMEND SECTIONS 38-43-105 AND 38-43-106, BOTH AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EDUCATION AND CONTINUING EDUCATION REQUIREMENTS FOR INSURANCE AGENTS, SO AS TO EXEMPT FROM THESE REQUIREMENTS AGENTS WHO SELL PRE-PAID LEGAL INSURANCE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 38-43-105(e) of the 1976 Code is amended by adding:
"(9) pre-paid legal insurance."
SECTION 2. Section 38-43-106(F) of the 1976 Code, as added by Act 141 of 1991 and amended by Section 661 of Act 181 of 1993, is further amended to read:
"(F) Insurance agents licensed solely for credit life or credit accident and health insurance, credit property insurance, crop hail insurance, automobile physical damage insurance, mortgage guaranty, or mortgage, title, travel accident and baggage, or the federal crop insurance, or pre-paid legal insurance are exempt from the provisions of this section. Insurance agents licensed solely for domestic insurance companies which have less than one million dollars in written premiums in any calendar year are exempt from the provisions of this section. Licensed special agents, or any or all of them, that the department by regulation shall specify are exempt from the provisions of this section."
SECTION 3. This act takes effect upon approval by the Governor.