Life Insurance
Summary
AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 38-63-230 SO AS TO PROVIDE FOR MUTUAL RESCISSION OF INDIVIDUAL LIFE INSURANCE POLICIES; AND TO AMEND SECTION 38-63-220, RELATING TO REQUIRED INDIVIDUAL LIFE INSURANCE POLICY PROVISIONS, SO AS TO ALLOW FOR THE MUTUAL DECISION TO TERMINATE OR RESCIND A POLICY OF INSURANCE. - ratified title
Bill status
signed
all 5 stages cleared
Introduction
Apr 2021
Committee Review
Apr 2022
House Passage
May 2022
Senate Passage
May 2022
Signed into Law
May 2022
Introduced Apr 15, 2021
Signed May 16, 2022
Floor votes · Senate May 10, 2022 · House Mar 30, 2022
How they voted
42–0
Passed · 2 other
Total votes 44
May 10, 2022
D
Democratic15
93% Yea
I
Independent1
100% Yea
R
Republican28
96% Yea
Vote distribution
All Yea
All Nay
Mixed
No data
Full legislative history
Actions timeline
Total actions
28
Key actions
10
Committee
4
Amendments
2
May 16, 2022
Signed into law
Signed By Governor
legislature
May 12, 2022
Lower · Passed
Concurred in Senate amendment and enrolled
lower
May 11, 2022
Upper · Passed
Read third time and returned to House with amendments
upper
May 10, 2022
Upper · Passed
Amended
upper
May 10, 2022
Senate · Passed
Senate Vote: pass (42-0-2)
senate
Apr 26, 2022
Upper · Passed
Committee report: Favorable Banking and Insurance
upper
Mar 31, 2022
Committee
Referred to Committee on Banking and Insurance
upper
Mar 31, 2022
Introduced
Introduced and read first time
upper
Mar 31, 2022
Lower · Passed
Read third time and sent to Senate
lower
Mar 30, 2022
Lower · Passed
Amended
lower
Mar 30, 2022
House · Passed
House Vote: pass (94-4-20)
house
Feb 24, 2022
Lower · Passed
Committee report: Favorable with amendment Labor, Commerce and Industry
lower
Apr 15, 2021
Committee
Referred to Committee on Labor, Commerce and Industry
lower
Apr 15, 2021
Introduced
Introduced and read first time
lower
2 primary · 0 co-sponsors
Sponsors
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