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S 0007 - Increases the tort claims cap to one million dollars

Tracking Level: Priority
Sponsor: Gerald Malloy (D)
Last Action: 1/23/2019 - Senate - Committee report: Favorable with amendment Judiciary
Senate Committee: Judy
Assigned To:
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Assign Staff: Tiger Wells (twells@masc.sc or 803.933.1270)

Staff Analysis of the Legislation

01.22.2019 The Senate Judiciary Committee gave this bill a favorable report as amended by the subcommittee.
01.15.2019 A Senate Judiciary subcommittee gave this bill a favorable report with amendments. The amendments require the SC Revenue and Fiscal Affairs Office to be the agency to publish notice of the CPI change and changes the effective date to one year after publication of the notice of cap adjustment. 
Summary of the bill as introduced: Increases the limits from a loss to one person from a single occurrence to $1 million, and increases the total limits from a loss arising out of a single occurrence to $2 million.

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Session 123 - (2019-2020)Printer Friendly
(pdf format)
S 0007 General Bill, By Malloy, Climer, Goldfinch, Talley, Harpootlian and Kimpson
Summary: Liability limitations
    A BILL TO AMEND SECTION 15-78-120, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE LIMITATION OF LIABILITY, SO AS TO INCREASE THE LIMITS FROM A LOSS TO ONE PERSON ARISING FROM A SINGLE OCCURRENCE TO ONE MILLION DOLLARS, TO INCREASE THE TOTAL LIMITS FROM A LOSS ARISING OUT OF A SINGLE OCCURRENCE TO TWO MILLION DOLLARS, AND TO REQUIRE THE LIMITS BE ADJUSTED ANNUALLY IN ACCORDANCE WITH THE CONSUMER PRICE INDEX.
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12/12/18Senate Prefiled
12/12/18Senate Referred to Committee on Judiciary
01/08/19Senate Introduced and read first time (Senate Journal-page 38)
01/08/19Senate Referred to Committee on Judiciary (Senate Journal-page 38)
01/09/19Senate Referred to Subcommittee: Malloy (ch), Sabb, Climer, Goldfinch, Talley
01/23/19Senate Committee report: Favorable with amendment Judiciary (Senate Journal-page 5)



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