S.588 small businesses and independent contractors in South Carolina

S.588, legislation that would allow small businesses and independent contractors to pool together as a cooperative to negotiate a group health care plan, cleared the House and Senate! On Tuesday, REALTORS® attending the Capitol Conference visited the State House to speak with their legislators in support of S.588 and influence policy as it was being made. Thanks to their efforts, the Senate amended the House-passed version of S.588 with language more inclusive of real estate licensees and sent the legislation back to the House for concurrence. Conference attendees had the opportunity to watch this happen from the Senate gallery.
The House agreed to the Senate amendment Thursday morning, and on Thursday afternoon the bill was enrolled for ratification as an Act. Once ratified, it will go to the Governor's desk for his signature to become law.
If S.588 becomes law, this legislation will be key in providing new health insurance options to REALTORS® and small businesses in South Carolina. SCR leadership and staff are now researching the feasibility of SCR forming a health group cooperative through which members could purchase health insurance.
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