SC S0311 | 2023-2024 | 125th General Assembly

Status

Spectrum: Partisan Bill (Republican 1-0)
Status: Introduced on January 10 2023 - 25% progression
Action: 2023-03-07 - Committed to Committee on Finance
Pending: Senate Finance Committee
Text: Latest bill text (Introduced) [HTML]

Summary

Amend The South Carolina Code Of Laws By Amending Section 40-68-55, Relating To The Ability Of The Department Of Insurance To Regulate The Acceptance Of Affidavit Or Certification Of Approval Of Qualified Assurance Organizations, So As To Delete The Requirement That These Functions Be Provided By Regulation; By Amending Section 40-68-60, Relating To The Requirements Of Professional Employment Organization Services Agreements Between Professional Employer Organizations And Assigned Employees, So As To Provide Organizations Shall Provide Assigned Employees With Certain Written Notice Of How The Agreement Affects Them; By Amending Section 40-68-70, Relating To The Requirements Of Professional Employment Organization Services Agreements Between Professional Employer Organizations And Client Companies, So As To Provide That The Terms Of The Agreement Must Be Established By Written Contract; By Adding Section 40-68-145 So As To Provide For The Determination Of Tax Credits And Economic Incentives Based On Employment With Respect To Client Companies Of Professional Employer Organizations; By Amending Section 40-68-150, Relating To Certain Prohibited Acts, So As To Provide Professional Employer Organizations Shall Not Engage In The Sale Of Insurance Or Act As Third-party Administrators, And To Provide That The Sponsoring And Maintaining Of Employee Benefit Plans For The Benefit Of Assigned Employees Does Not Constitute The Sale Of Insurance; And By Adding Section 12-10-108 So As To Provide Circumstances In Which Professional Employer Organizations May Be Eligible For Certain Tax Credits And Economic Incentives Under The Enterprise Zone Act Of 1995.

Tracking Information

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Title

Professional Employer Organizations

Sponsors


History

DateChamberAction
2023-03-07SenateCommitted to Committee on Finance
2023-03-01 Scrivener's error corrected
2023-02-28SenateCommittee report: Favorable with amendment Labor, Commerce and Industry
2023-01-10SenateReferred to Committee on Labor, Commerce and Industry
2023-01-10SenateIntroduced and read first time
2022-12-07SenateReferred to Committee on Labor, Commerce and Industry
2022-12-07SenatePrefiled

Code Citations

ChapterArticleSectionCitation TypeStatute Text
1210108(n/a)See Bill Text
4068145(n/a)See Bill Text
4068150(n/a)See Bill Text
406855(n/a)See Bill Text
406860(n/a)See Bill Text
406870(n/a)See Bill Text

South Carolina State Sources


Bill Comments

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