Current Status Introducing Body:Senate Bill Number:518 Primary Sponsor:Richter Committee Number:11 Type of Legislation:GB Subject:Civil judgments Residing Body:Senate Current Committee:Judiciary Computer Document Number:518 Introduced Date:19930309 Last History Body:Senate Last History Date:19930309 Last History Type:Introduced, read first time, referred to Committee Scope of Legislation:Statewide All Sponsors:Richter Rose Type of Legislation:General Bill
Bill Body Date Action Description CMN Leg Involved
____ ______ ____________ ______________________________ ___ ____________
518 Senate 19930309 Introduced, read first time, 11
referred to Committee
View additional legislative information at the LPITS web site.
TO AMEND CHAPTER 33, TITLE 15, CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 15-33-140, SO AS TO PROVIDE THAT TEN PERCENT OF THE TOTAL PUNITIVE DAMAGES AWARDED IN ANY CIVIL JUDGEMENT SHALL INURE TO THE BENEFIT OF THE STATE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 33, Title 15 of the 1976 Code is amended by adding:
"Section 15-33-140. In any civil judgement containing an award of punitive damages, ten percent of the total punitive award shall be paid over to the State and credited to the state's general fund. Funds derived from such collections shall be divided and distributed as follows: one quarter to the state's general fund, one quarter to the county's general fund, and one-half to the judicial department to be utilized at the discretion of the Chief Justice of the State Supreme Court."
SECTION 2. This act takes effect upon approval by the Governor.