South Carolina General Assembly
116th Session, 2005-2006

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

S. 302

STATUS INFORMATION

General Bill
Sponsors: Senator Leventis
Document Path: l:\council\bills\gjk\20066sd05.doc

Introduced in the Senate on January 19, 2005
Currently residing in the Senate Committee on Banking and Insurance

Summary: Provisions related to computing fire insurance classifications

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/19/2005  Senate  Introduced and read first time SJ-12
   1/19/2005  Senate  Referred to Committee on Banking and Insurance SJ-12

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/19/2005

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-73-345 SO AS TO PROVIDE THAT IN COMPUTING DISTANCE FROM A FIRE STATION OR APPARATUS FOR THE PURPOSE OF DETERMINING COMMERCIAL FIRE INSURANCE RATE CLASSIFICATIONS, A RATING ORGANIZATION SHALL ALLOW THE INSURED A MORE ADVANTAGEOUS FIRE CODE CLASSIFICATION IF THE INSURED CAN DEMONSTRATE THAT REGARDLESS OF DISTANCE, THE RESPONSE TIME FROM THE NEAREST FIRE STATION OR APPARATUS TO THE INSURED LOCATION DOES NOT EXCEED THE MEAN RESPONSE TIME OF A MORE ADVANTAGEOUS FIRE CODE CLASSIFICATION ASSUMING COMPARABLE AVAILABLE WATER SOURCES.

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

SECTION    1.    Chapter 73, Title 38 of the 1976 Code is amended by adding:

"Section 38-73-345.    In computing distance from a fire station or apparatus for the purpose of determining commercial fire insurance rate classifications, a rating organization shall allow the insured a more advantageous fire code classification if the insured can demonstrate that regardless of distance, the response time from the nearest fire station or apparatus to the insured location does not exceed the mean response time of a more advantageous fire code classification assuming comparable available water sources."

SECTION    2.    This act takes effect upon approval by the Governor.

----XX----

This web page was last updated on Friday, December 4, 2009 at 3:28 P.M.