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Indicates Matter Stricken
Indicates New Matter
Sponsors: Senators Alexander, McGill, Cromer and Sheheen
Document Path: l:\council\bills\bbm\10583htc12.docx
Introduced in the Senate on March 20, 2012
Introduced in the House on May 1, 2012
Last Amended on April 26, 2012
Currently residing in the House Committee on Ways and Means
Summary: Office of Insurance
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 3/20/2012 Senate Introduced and read first time (Senate Journal-page 70) 3/20/2012 Senate Referred to Committee on Finance (Senate Journal-page 70) 4/25/2012 Senate Committee report: Favorable with amendment Finance (Senate Journal-page 15) 4/26/2012 Senate Committee Amendment Adopted (Senate Journal-page 66) 4/26/2012 Senate Read second time (Senate Journal-page 66) 4/26/2012 Senate Roll call Ayes-35 Nays-0 (Senate Journal-page 66) 5/1/2012 Senate Read third time and sent to House (Senate Journal-page 20) 5/1/2012 House Introduced and read first time (House Journal-page 11) 5/1/2012 House Referred to Committee on Ways and Means (House Journal-page 11)
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VERSIONS OF THIS BILL
COMMITTEE AMENDMENT ADOPTED
April 26, 2012
S. Printed 4/26/12--S.
Read the first time March 20, 2012.
TO PROVIDE THAT THE STATE BUDGET AND CONTROL BOARD, THROUGH ITS OFFICE OF INSURANCE SERVICES, IN STATE FISCAL YEAR 2012-2013, MAY OFFER TORT LIABILITY INSURANCE COVERAGE TO AN AGING ENTITY AND ITS EMPLOYEES SERVING CLIENTS COUNTYWIDE WHICH PREVIOUSLY HAS OBTAINED ITS TORT LIABILITY INSURANCE COVERAGE THROUGH THE BOARD.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. The State Budget and Control Board, through the Insurance Reserve Fund, for fiscal year 2012-2013, may offer insurance coverage to an aging entity and its employees serving clients countywide which previously obtained its tort liability insurance coverage through the board. The Insurance Reserve Fund and the State shall not be liable to any person or entity, including the insured, for any insufficiencies of coverage provided pursuant to this act.
SECTION 2. This joint resolution takes effect upon approval by the Governor.
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