South Carolina General Assembly
119th Session, 2011-2012

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Bill 1349

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COMMITTEE REPORT

April 25, 2012

S. 1349

Introduced by Senators Alexander, McGill, Cromer and Sheheen

S. Printed 4/25/12--S.

Read the first time March 20, 2012.

            

THE COMMITTEE ON FINANCE

To whom was referred a Joint Resolution (S. 1349) 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, etc., respectfully

REPORT:

That they have duly and carefully considered the same and recommend that the same do pass with amendment:

Amend the joint resolution, as and if amended, by striking all after the enacting words and inserting:

/    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.        /

Renumber sections to conform.

Amend title to conform.

HUGH K. LEATHERMAN, SR. for Committee.

            

A JOINT RESOLUTION

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.

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

SECTION    1.    The State Budget and Control Board, through the Office of Insurance Services, for fiscal year 2012-2013, may offer tort liability insurance coverage to an aging entity and its employees serving clients countywide which previously obtained its tort liability insurance coverage through the board.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.

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