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Indicates Matter Stricken
Indicates New Matter
S. 657
STATUS INFORMATION
General Bill
Sponsors: Senator Bright
Document Path: l:\s-res\lb\022high.mrh.lb.docx
Introduced in the Senate on April 1, 2009
Currently residing in the Senate Committee on Finance
Summary: Higher education
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 4/1/2009 Senate Introduced and read first time SJ-3 4/1/2009 Senate Referred to Committee on Finance SJ-3
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND CHAPTER 101, TITLE 59 OF THE 1976 CODE, RELATING TO PUBLIC INSTITUTIONS OF HIGHER LEARNING, BY ADDING SECTION 59-101-605, TO PROVIDE FOR A HIGHER EDUCATION BASE STUDENT COST AND TO PROVIDE THAT A PUBLIC INSTITUTION OF HIGHER LEARNING MUST BE FUNDED BY USING THE BASE STUDENT COST.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 101, Title 59 of the 1976 Code is amended by adding:
"Section 59-101-605. Each fiscal year the General Assembly shall establish a higher education base student cost. Each fiscal year a public higher institution of higher learning must only be appropriated an amount of state general fund revenue equal to the aggregate of the number of full-time students projected to attend the institution in the upcoming fiscal year multiplied by the higher education base student cost plus the number of part-time students projected to attend the institution in the upcoming fiscal year multiplied by fifty percent of the base student cost."
SECTION 2. This act takes effect upon approval by the Governor.
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