H4299Introduced in the House
Insurance Savings Program
Introduced by Jordan Pace, District 117
What does this bill do?
Plain-English breakdown
Writing a plain-English summary of this bill… this can take a few seconds the first time.
Official description
Amend The South Carolina Code Of Laws By Adding Article 7 To Chapter 5, Title 11 So As To Establish The "insurance Savings Program," To Empower Individuals To Save Private Funds To Pay Insurance Policy Deductibles On Real Property, And To Make Renovations To Real Property That Make The Property More Insurable So As To Reduce Insurance Policy Premiums And Deductibles; And By Amending Section 12-6-1140, Relating To Deductions From Individual Taxable Income, So As To Deduct Amounts Deposited Into The Insurance Savings Program And Any Earnings Thereon.
Where it stands
Referred to Committee on Labor, Commerce and Industry
April 3, 2025
How did lawmakers vote?
No recorded vote is available for this bill yet.
What do people think?
Citizen Voice
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Bill history
Introduced and read first time
Referred to Committee on Labor, Commerce and Industry
Verify the information
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