South Carolina General Assembly
119th Session, 2011-2012

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Indicates Matter Stricken
Indicates New Matter

H. 4453

STATUS INFORMATION

General Bill
Sponsors: Rep. Bowen
Document Path: l:\council\bills\bbm\10448htc12.docx

Introduced in the House on January 10, 2012
Currently residing in the House Committee on Ways and Means

Summary: Teacher and Employee retention incentive (TERI) program

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  11/29/2011  House   Prefiled
  11/29/2011  House   Referred to Committee on Ways and Means
   1/10/2012  House   Introduced and read first time (House Journal-page 47)
   1/10/2012  House   Referred to Committee on Ways and Means 
                        (House Journal-page 47)

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

11/29/2011

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO CLOSE THE TEACHER AND EMPLOYEE RETENTION INCENTIVE (TERI) PROGRAM TO NEW PARTICIPANTS EFFECTIVE JULY 1, 2012; AND TO REPEAL, EFFECTIVE JULY 1, 2017, ARTICLE 17, CHAPTER 1, TITLE 9, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE ESTABLISHMENT OF THE TERI PROGRAM.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION    1.    Notwithstanding the provisions of Section 9-1-2210(A) of the 1976 Code, the Teacher and Employee Retention Incentive (TERI) Program, established pursuant to Section 9-1-2210, is closed to new participants effective July 1, 2012.

SECTION    2.    Article 17, Chapter 1, Title 9 of the 1976 Code is repealed effective July 1, 2017, for all purposes except the distribution of program accounts existing on that date.

SECTION    3.    This act takes effect upon approval by the Governor.

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This web page was last updated on Tuesday, December 10, 2013 at 10:26 A.M.