South CarolinaS 0619126th General Assembly (2025-2026)Senate

A BILL TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY AMENDING SECTION 38-27-610, RELATING TO PRIORITY OF DISTRIBUTION FOR CLAIMS, SO AS TO ADD FUNDING AGREEMENTS.

Sponsored By: Michael W. Gambrell (Republican)

Passed

Summary

Insurer liquidation

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Bill Overview

No Economic Impacts Identified for this Bill

Sponsors & Cosponsors

Sponsor

  • Michael W. Gambrell

    Republican • Senate

Cosponsors

  • Ross Turner

    Republican • Senate

Roll Call Votes

All Roll Calls

Yes: 44 • No: 0

Senate vote 2/18/2026

(Insurer liquidation)2nd Reading

Yes: 44 • No: 0

Actions Timeline

  1. Referred to Committee on Labor, Commerce and Industry

    2/24/2026House
  2. Introduced and read first time

    2/24/2026House
  3. Read third time and sent to House

    2/19/2026Senate
  4. Roll call Ayes-44 Nays-0

    2/18/2026Senate
  5. Read second time

    2/18/2026Senate
  6. Committee report: Favorable Banking and Insurance

    2/12/2026Senate
  7. Referred to Committee on Banking and Insurance

    4/29/2025Senate
  8. Introduced and read first time

    4/29/2025Senate

Bill Text

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