2007 SUMMARY OF NEW STATE LAWS – SOUTH CAROLINA

South Carolina State Legislative Website

BILL #	CHAPTER #	ISSUE	BILL DESCRIPTION
HB 3233	91	Motor vehicle insurance – watercraft issues	Requires for personal property taxes on a watercraft and outboard motor to be current before the title to these items may be transferred; relates to suspension of title and a reinstatement fee; relates to titling of watercraft and outboard motors. Effective: June 14, 2007.
HB 3249	104	State regulation	Relates to agency procedures for promulgating regulations; includes requirements provided for elsewhere in the Administrative Procedures Act; requires legislative council to provide notice to all members of the general assembly when regulations are submitted for review. Effective: July 1, 2008.
HB 3525	46	Motor vehicle insurance -- miscellaneous	Provides that a person who has been released from the custody of the Department of Corrections and whose driver's license has been suspended for failure to comply with an order for support may obtain a special route-restricted driver's license from the Department of Motor Vehicles; provides for a fee. Effective: June 15, 2007.
HB 3820	78	Catastrophe-related legislation	Relates to the Omnibus Coastal Property Insurance Reform Act, a catastrophe savings account, an income tax credit for retrofitting a residence against hurricane losses, rising water, or other wind event, sales tax rates on building materials, insurance claims reporting requirements, an insurance tax incentive, insurance discounts, discriminatory insurance rates, storm and hail insurance, a wind and hail underwriting association, manufactured homes, and insurance cancellation and nonrenewal. Effective: June 18, 2007.
SB 213	103	Motor vehicle insurance – teen drivers	Enacts the Prevention of Underage Drinking and Access to Alcohol Act; provides social host criminal liability; requires the registration of kegs; relates to the purchase or possession of beer and wine; requires notification of parent when a minor's driver's license is suspended; relate to ignition interlock devices; provides for tuition grants. Effective: July 1, 2007.
SB 332	111	Workers’ compensation – omnibus law changes	Relates to appeals from the Workers' Compensation Commission to the court of appeals; relates to the Omnibus Insurance Fraud and Reporting Immunity Act; increases penalties for workers' compensation fraud; relates to the powers and authority of the workers' compensation commissioner; relates to the payment of a claimants attorneys fees, total and permanent disability, subsequent injury claims, occupational disease, rehabilitation professionals, rate filing by an insurer, and the uninsured employers' fund. Effective: July 1, 2007.
SB 504	54	Building codes	Relates to the building code adoption procedure; provides the procedure for modifying an existing code is the same as adopting a code; provides the procedure for emergency building code modification. Effective: June 15, 2007.
SB 589	86	Captives	Relates to a captive insurance company taking credit for reserves on risks or portions of risks that are ceded to reinsurers; provides that an industrial insured captive insurance company may not take credit if not in compliance with certain provisions of law; provides that all other captive insurance companies may not take credit for reserves pursuant to those provisions unless specific approval has been granted by the director of insurance. Effective: June 27, 2007.

The information contained in this summary is not intended as a portrayal of every property/casualty-related law enacted in each state. Rather, it represents recently enacted legislation specifically identified by NAMIC State and Regulatory Affairs Staff as bearing direct relevance to those issues that represent NAMIC's National State Legislative Agenda or otherwise deemed pertinent to the interests of the majority of NAMIC members.

This summary is for use as a convenient tool for our members, and is not intended, and should not be considered to be, legal advice. Please consult your legal representatives.

Posted: Friday, August 03, 2007 12:00:00 AM. Modified: Monday, October 22, 2007 1:11:53 PM.

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