The Code Commissioner is directed to include all permanent general laws in this Part in the next edition of the Code of Laws of South Carolina, 1976, and all supplements to the Code.

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-21-1050 SO AS TO PROVIDE FOR SCHOOL DISTRICT AND SCHOOL FLEXIBILITY IN THE TRANSFER AND EXPENDITURE OF FUNDS.

A.      Article 8, Chapter 21, Title 59 of the 1976 Code is amended by adding:

"Section 59-21-1050.  For fiscal year 2003-2004, all school districts and special schools of this State may transfer 100% of the funds between programs to any instructional program with the same funding source and may make expenditures for direct classroom instructional programs from any state source without regard to fund type with the exception of school building bond funds.  Expenditure codes established by the Department of Education must be used by the school districts and reported to the Department accordingly and provided to the members of the General Assembly upon request.

B.      This section takes effect July 1, 2003.

     All acts or parts of acts inconsistent with any of the provisions of Parts IA, or IB of this act are suspended for Fiscal Year 2003-2004.
     All acts or parts of acts inconsistent with any of the provisions of Part II of this act are repealed.
     Except as otherwise specifically provided, this act takes effect immediately upon its approval by the Governor.

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