Reference is to the bill as introduced.
Amend the bill, as and if amended, by deleting all after the enacting words and inserting:
/ SECTION 1. Section 2-77-15(1) of the 1976 Code, as last amended by Act 162 of 2005, is further amended to read:
"(1) 'Eligible
institution' means a four-year institution of higher learning
or an institution of higher learning that is accredited to
offer, and is actively offering, at least one nonsectarian
program at the baccalaureate level:
(a)(i)
at which sixty percent or more
of the enrolled undergraduate students were low-income and
educationally disadvantaged students, for the four consecutive
years immediately preceding the then current
year;
(b)
that and which is defined in Part
B, Subchapter III, Chapter 28, Title 20 of the United States
Code; or
(ii)
at which, for the four consecutive years
immediately preceding the then current year, ninety percent or
more of the entitled students are in campus-based programs and
are female;
(cb)(i)
that is accredited by the Southern Association of Colleges
and Schools; or
(ii)
which receives Title III funding and is
accredited by an accrediting organization recognized by the
United States Department of Education;
(dc) that is
organized as a nonprofit corporation or is a public institution;
and
(ed) that has
its main campus located in South Carolina."
SECTION 2. Section 2-77-20(C) of the 1976 Code, as last amended by Act 74 of 2011, is further amended to read:
"(C)(1) An
institution seeking to qualify as an eligible institution must
submit an annual application to the commission. The commission
must certify the eligibility of institutions seeking contracts
pursuant to this section. Subject to the provisions of item
(2), and less any allocations made pursuant to item (2), the
funds appropriated for this program must be allocated equally
among the eligible institutions.
(2)
The Commission on Higher Education, or its
successor, annually shall review and determine if funds
allocated to a school pursuant to item (2) have been properly
used by the school pursuant to Section 2-77-30. If the
Commission on Higher Education, or its successor, determines
these funds were used inappropriately by a school, the funds
must be returned, and the following year that school's
allocation must be reduced by fifty percent of the amount
appropriated to each eligible institution pursuant to item (1).
The balance remaining from a school's reduced allocation must be
distributed equally among the remaining eligible
institutions."
SECTION 3. This act takes effect July 1, 2015. /
Renumber sections to conform.
Amend title to conform.