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SC S0951
Bill
Status
Introduced
2/24/2026
Primary Sponsor
Thomas Davis
Click for details
AI Summary
- Renames the South Carolina Hurricane Damage Mitigation Program as the "SC Safe Home Program" to help homeowners retrofit properties against hurricanes, tornadoes, and other catastrophic windstorm events
- Shifts from fixed dollar grant amounts to amounts determined by annual bulletins published by the Department of Insurance, allowing flexibility in award levels for matching and nonmatching grants
- Increases premium tax allocation to the program from 1% to 5% of annual premium taxes collected, with 50% directed to seacoast area mitigation and 50% to other parts of the state
- Establishes needs-based prioritization for all grants, requiring the director to prioritize applicants with the greatest financial need based on household income, retrofit costs relative to income, and qualification for other assistance programs
- Authorizes additional loss mitigation grants within 90 days following a Governor-declared wind or hail catastrophic event, subject to fund availability
Legislative Description
Safe Homes Act
Last Action
Referred to Committee on Banking and Insurance
2/24/2026
Committee Referrals
Banking and Insurance2/24/2026
Full Bill Text
No bill text available