Staff Analysis of the Legislation
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05.02.2023 The House Labor, Commerce and Industry Committee gave this bill a favorable report. 04.25.2023 The House Labor, Commerce and Industry Insurance subcommittee gave this bill a favorable report. 02.22.2023 The Senate Banking and Insurance Committee gave this bill a favorable report. 02.15.2023 The Senate Banking and Insurance Insurance subcommittee gave this bill a favorable report. Summary of the bill as introduced: Establishes grant criteria and matching grant funds available to local governments from the SC Hurricane Damage Mitigation Program. |
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S*0500 (Rat #0036, Act #0029 of 2023) General Bill, By Cromer, Campsen and Rankin
Similar ( H 3746) Summary: Department of Insurance AN ACT TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-75-485, RELATING TO THE SOUTH CAROLINA HURRICANE DAMAGE MITIGATION PROGRAM, SO AS TO ESTABLISH GRANT CRITERIA, ESTABLISH A NONMATCHING GRANT FORMULA, AND TO REMOVE A CAP ON THE AMOUNT OF THE GRANT; BY AMENDING SECTION 38-3-110, RELATING TO DUTIES OF THE DIRECTOR OF THE DEPARTMENT OF INSURANCE, SO AS TO ALLOW THE DIRECTOR TO PROVIDE INFORMATION REGARDING FACTORS THAT MAY AFFECT PREMIUM RATES; BY AMENDING SECTION 38-73-1085, RELATING TO THE PUBLICATION OF REPRESENTATIVE SAMPLE PREMIUMS, SO AS TO ALLOW THE DIRECTOR OR HIS DESIGNEE TO MAKE AVAILABLE INFORMATION THAT AFFECTS PRIVATE PASSENGER PREMIUM RATES; BY AMENDING SECTION 38-61-80, RELATING TO WITHDRAWING FROM THE MARKET, SO AS TO REQUIRE NOTICE TO THE DIRECTOR BY THE INSURER; AND BY AMENDING SECTION 38-1-20, RELATING TO THE DEFINITION OF "SURPLUS LINES INSURANCE", SO AS TO INCLUDE A REFERENCE TO COMMERCIAL MOTOR VEHICLE LIABILITY. - RATIFIED TITLE View full text View Vote History View Fiscal Impact
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