---
type: "Bill"
title: "Insurance premium tax"
description: "AN ACT TO AMEND SECTION 38-7-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSURANCE PREMIUM TAXES, SO AS TO TRANSFER ONE PERCENT OF THE REVENUES TO THE V-SAFE PROGRAM; AND TO TRANSFER CERTAIN FUNDS TO THE V-SAFE PROGRAM. - ratified title"
jurisdiction: "us/states/sc"
legislature: "South Carolina General Assembly"
session: "2019-2020"
identifier: "S 753"
citation: "South Carolina S 753 (2019-2020)"
classification: ["bill"]
subjects: []
status: "enacted"
primary_sponsors: ["Cash", "Gambrell"]
version_count: 6
action_count: 22
vote_count: 3
first_action: "2019-04-10"
last_action: "2020-10-02"
source: "openstates"
source_identifier: "ocd-bill/66cec853-ebc5-4ae6-a185-8d8abee21030"
source_url: "https://www.scstatehouse.gov/billsearch.php?billnumbers=753&session=123&summary=B"
source_hash: "448dc6717ac1c0d2af1a87276b43b3b76bc2a7f73bc3fe3ae8a31684dbbbca4b"
vintage: "2026-07-01"
source_snapshot: "https://data.openstates.org/daily/2026-07-01/public.pgdump"
retrieved_at: "2026-07-06"
confidence: "reported"
tags: ["legislation", "bill", "us-sc"]
---

# South Carolina S 753 (2019-2020) — Insurance premium tax

AN ACT TO AMEND SECTION 38-7-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO INSURANCE PREMIUM TAXES, SO AS TO TRANSFER ONE PERCENT OF THE REVENUES TO THE V-SAFE PROGRAM; AND TO TRANSFER CERTAIN FUNDS TO THE V-SAFE PROGRAM. - ratified title

## Version chain

The bill's text revisions, in order — the diff chain from filing to enrollment.

1. **Filed** (filed) — [source](https://www.scstatehouse.gov/sess123_2019-2020/bills/753.htm)
2. **3/12/2020** (committee substitute) — [source](https://www.scstatehouse.gov/sess123_2019-2020/prever/753_20200312.htm)
3. **4/10/2019** (committee substitute) — [source](https://www.scstatehouse.gov/sess123_2019-2020/prever/753_20190410.htm)
4. **5/12/2020** (committee substitute) — [source](https://www.scstatehouse.gov/sess123_2019-2020/prever/753_20200512.htm)
5. **9/15/2020** (committee substitute) — [source](https://www.scstatehouse.gov/sess123_2019-2020/prever/753_20200915.htm)
6. **9/22/2020** (committee substitute) — [source](https://www.scstatehouse.gov/sess123_2019-2020/prever/753_20200922.htm)

## Votes

- Passage of Bill — **106–0** (pass) · lower
- 2nd Reading — **37–0** (pass) · upper
- to concur — **39–0** (pass) · upper

## Sponsors

- Cash — primary (person)
- Gambrell — primary (person)

## Timeline

The legislative action history — every referral, reading, and vote.

- **2019-04-10** Introduced and read first time `introduction, reading-1`
- **2019-04-10** Referred to Committee on Banking and Insurance `referral-committee`
- **2020-03-12** Committee report: Favorable with amendment Banking and Insurance `committee-passage-favorable`
- **2020-05-12** Committee Amendment Adopted `amendment-passage`
- **2020-05-12** Read second time `reading-2`
- **2020-05-12** Roll call Ayes-37 Nays-0
- **2020-05-12** Unanimous consent for third reading on next legislative day
- **2020-05-13** Read third time and sent to House `passage, reading-3`
- **2020-06-24** Introduced and read first time `introduction, reading-1`
- **2020-06-24** Referred to Committee on Ways and Means `referral-committee`
- **2020-09-15** Committee report: Favorable with amendment Ways and Means `committee-passage-favorable`
- **2020-09-16** Debate adjourned until Thurs., 09-17-20
- **2020-09-22** Amended `amendment-passage`
- **2020-09-22** Read second time `reading-2`
- **2020-09-22** Roll call Yeas-106 Nays-0
- **2020-09-23** Read third time and returned to Senate with amendments `passage, reading-3`
- **2020-09-23** Concurred in House amendment and enrolled
- **2020-09-23** Roll call Ayes-39 Nays-0
- **2020-09-25** Ratified R 158
- **2020-09-28** Signed By Governor `executive-signature`
- **2020-10-02** Effective date 09/28/20
- **2020-10-02** Act No. 149

## Source

OpenStates / OpenCivicData bulk snapshot [2026-07-01](https://data.openstates.org/daily/2026-07-01/public.pgdump); origin `ocd-bill/66cec853-ebc5-4ae6-a185-8d8abee21030`. Confidence: reported (aggregated from official South Carolina legislature records).