SC S0580 | 2019-2020 | 123rd General Assembly

Status

Completed Legislative Action
Spectrum: Partisan Bill (Republican 1-0)
Status: Passed on March 26 2020 - 100% progression
Action: 2020-03-26 - Act No. 121
Text: Latest bill text (Amended) [HTML]

Summary

Amend Chapter 29 Of Title 38, Code Of Laws Of South Carolina, 1976, Relating To The South Carolina Life And Accident And Health Insurance Guaranty Association, So As To Define Necessary Terms, To Provide The Purpose Of The Chapter, To Alter The Application Of The Chapter, To Establish Certain Powers And Duties For The Association In Relation To Impaired Or Insolvent Member Insurers, To Provide That The Board Of Directors Of The Association May Call An Assessment Of The Members And To Provide Classes For The Assessments, To Require The Association To Establish A Plan Of Operation And Require The Plan To Create Procedures For Removing A Member Of The Board Under Certain Circumstances And To Address Conflicts Of Interest, To Proscribe Certain Duties For The Director Of The Department Of Insurance To Aid In The Detection And Prevention Of Insurer Impairments And Insolvencies, To Provide That No Person May Use The Existence Of The South Carolina Life And Accident And Health Insurance Guaranty Association For The Purpose Of Insurance Sales, And To Require The Association To Prepare A Document Describing The General Purposes And Limitations Of This Chapter. - Ratified Title

Tracking Information

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Title

SC Life and Accident and Health Insurance Guaranty Association

Sponsors


Roll Calls

2020-03-10 - Senate - Senate: To Concur (Y: 42 N: 0 NV: 0 Abs: 2) [PASS]
2020-01-16 - House - House: Passage Of Bill (Y: 113 N: 0 NV: 8 Abs: 3) [PASS]
2019-03-26 - Senate - Senate: 2nd Reading (Y: 42 N: 0 NV: 0 Abs: 3) [PASS]

History

DateChamberAction
2020-03-26 Act No. 121
2020-03-26 Effective date 03/24/20
2020-03-24 Signed By Governor
2020-03-19 Ratified R 123
2020-03-10SenateRoll call Ayes-42 Nays-0
2020-03-10SenateConcurred in amendment
2020-01-17HouseRead third time and returned to Senate with amendments
2020-01-16HouseUnanimous consent for third reading on next legislative day
2020-01-16HouseRoll call Yeas-113 Nays-0
2020-01-16HouseRead second time
2020-01-16HouseAmended
2020-01-16HouseRequests for debate-Rep
2020-01-15HouseDebate adjourned until Thursday, January 16
2020-01-15HouseAmended
2020-01-15HouseRequests for debate removed-Rep
2019-05-02HouseRequests for debate-Rep
2019-05-01HouseDebate adjourned until Thur., 5-2-19
2019-04-30HouseCommittee report: Favorable with amendment Labor, Commerce and Industry
2019-03-28HouseReferred to Committee on Labor, Commerce and Industry
2019-03-28HouseIntroduced and read first time
2019-03-27SenateRead third time and sent to House
2019-03-26SenateRoll call Ayes-42 Nays-0
2019-03-26SenateRead second time
2019-03-21SenateCommittee Amendment Adopted
2019-03-19SenateCommittee report: Favorable with amendment Banking and Insurance
2019-02-27SenateReferred to Committee on Banking and Insurance
2019-02-27SenateIntroduced and read first time

South Carolina State Sources


Bill Comments

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