Senator Massey proposes the following amendment (SR-62.CEM0022S):

Amend the bill, as and if amended, SECTION 3, by striking Section 59-8-120(C) and inserting:

 (C) Upon request of the parent and approval of an eligible student's application by the department, the State Treasurer shall transfer the annual scholarship amount, as defined below, six thousand dollars per scholarship studentfrom the South Carolina Education Lottery Account to the K-12 Education Lottery Scholarship Fund.
  (1) In the first year of the program, the scholarship amount shall be six thousand five hundred dollars.
  (2) Each subsequent year, the scholarship amount shall increase in an amount equal to the percentage increase in the average per pupil funding from state sources for the prior academic year as provided by the Office of Revenue and Fiscal Affairs to the Education Scholarship Trust Fund as directed by the General Assembly, unless an increased or decreased limit is authorized in the annual general appropriations act.

Renumber sections to conform.

Amend title to conform.