SC H4299 | 2025-2026 | 126th General Assembly

Status

Sponsorship: Partisan Bill (Republican 1)
Status: Introduced on April 3 2025 - 25% progression
Action: 2025-04-03 - Referred to Committee on Labor, Commerce and Industry
Pending: House Labor, Commerce and Industry Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Adding Article 7 To Chapter 5, Title 11 So As To Establish The "insurance Savings Program," To Empower Individuals To Save Private Funds To Pay Insurance Policy Deductibles On Real Property, And To Make Renovations To Real Property That Make The Property More Insurable So As To Reduce Insurance Policy Premiums And Deductibles; And By Amending Section 12-6-1140, Relating To Deductions From Individual Taxable Income, So As To Deduct Amounts Deposited Into The Insurance Savings Program And Any Earnings Thereon.

Tracking Information

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Title

Insurance Savings Program

Sponsors


History

DateChamberAction
2025-04-03HouseReferred to Committee on Labor, Commerce and Industry
2025-04-03HouseIntroduced and read first time

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1261140(n/a)See Bill Text

South Carolina State Sources


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