S. 11: This bill changes the South Carolina Hurricane Damage Mitigation Program by adding “flood” to its name and operations, making it the South Carolina Hurricane and Flood Damage Mitigation Program. The additions to the program largely consist of adding flood related terms to the existing program. It also triples the amount of money that the program collects from the Department of Insurance’s premium taxes, from 1 to 3 percent of the total.
S. 11 – Creation of Hurricane Damage Mitigation Program
BySouth Carolina Policy Council
Jan 20, 2017
By South Carolina Policy Council
Since 1986 the South Carolina Policy Council Education Foundation has advocated innovative policy ideas that advance the principles of limited government and free enterprise. The Policy Council is the state’s meeting place for business leaders, policymakers, and academics – as well as engaged citizens – who want to see South Carolina become the most free state in the nation. For questions or comments on the articles on this website, please email Research Director Jamie Murguia.