2005-2006 Bill 3513: Fidelity Bonds Purchased by Counties - South Carolina Legislature Online

South Carolina General Assembly

116th Session, 2005-2006

H. 3513

STATUS INFORMATION

General Bill

Sponsors: Reps. Brady, Pinson, Emory, Bales, Barfield, Chellis, Dantzler, Kennedy, Leach, Lucas, Martin, J.M.Neal, M.A.Pitts, G.R.Smith and Mahaffey

Document Path: l:\council\bills\dka\3084dw05.doc

Companion/Similar bill(s): 506

Introduced in the House on February 10, 2005

Introduced in the Senate on April 28, 2005

Last Amended on April 26, 2005

Currently residing in the Senate Committee on Judiciary

Summary: Fidelity bonds purchased by counties

HISTORY OF LEGISLATIVE ACTIONS

DateBodyAction Description with journal page number

2/10/2005HouseIntroduced and read first time HJ6

2/10/2005HouseReferred to Committee on Ways and MeansHJ6

2/14/2005Scrivener's error corrected

3/30/2005HouseRecalled from Committee on Ways and MeansHJ28

3/30/2005HouseReferred to Committee on Medical, Military, Public and Municipal AffairsHJ28

4/19/2005HouseCommittee report: Favorable with amendment Medical, Military, Public and Municipal AffairsHJ6

4/26/2005HouseMember(s) request name added as sponsor: Mahaffey

4/26/2005HouseAmended HJ28

4/26/2005HouseRead second time HJ29

4/27/2005HouseRead third time and sent to Senate HJ13

4/28/2005SenateIntroduced and read first time SJ10

4/28/2005SenateReferred to Committee on JudiciarySJ10

5/9/2005SenateReferred to Subcommittee: Martin (ch), Malloy, Campsen, Williams

VERSIONS OF THIS BILL

2/10/2005

2/14/2005

4/19/2005

4/26/2005

AMENDED

April 26, 2005

H.3513

Introduced by Reps. Brady, Pinson, Emory, Bales, Barfield, Chellis, Dantzler, Kennedy, Leach, Lucas, Martin, J.M.Neal, M.A.Pitts, G.R.Smith and Mahaffey

S. Printed 4/26/05--H.

Read the first time February 10, 2005.

[3513-1]

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 41165 SO AS TO AUTHORIZE THE GOVERNING BODY OF A COUNTY TO PURCHASE A FIDELITY BOND ON ALL COUNTY OFFICIALS OR A PORTION OF THEM INSTEAD OF THE AMOUNT REQUIRED BY LAW AND REQUIRE A RESOLUTION TO BE ADOPTED BY THE COUNTY GOVERNING BODY WHEN A FIDELITY BOND IS USED TO REPLACE THE EXISTING BOND REQUIRED BY LAW, WHICH MUST MEET OR EXCEED THAT REQUIREMENT.

Amend Title To Conform

Be it enacted by the General Assembly of the State of South Carolina:

SECTION1.Chapter 11, Title 4 of the 1976 Code is amended by adding:

“Section 41165.(A)If bonding of a county official or employee is statutorily required, the governing body of a county may purchase a fidelity bond to cover all or a portion of the county officials and employees. A fidelity bond may be used instead of specific statutory bond requirements including, but not limited to, those found in Sections 123910, 124510, 141740, 141760, 1417350, 14231050, 17520, 17570, 221150, 221160, 231130, and 231320. An official or employee not covered by a fidelity bond must be bonded as required by statute.

(B)The purchase of a fidelity bond as provided in subsection (A) or the replacement of an existing bond with a fidelity bond covering one or more county officials or employees must be evidenced by passage of a resolution by the county’s governing body. A fidelity bond must meet or exceed the minimum value of the bond required by any statute for the covered officials or employees.”

SECTION2.This act takes effect upon approval by the Governor.

[3513]1