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Indicates Matter Stricken
Indicates New Matter
Indicates Matter Stricken
Indicates New Matter
COMMITTEE REPORT
March 16, 2005
S. 482
S. Printed 3/16/05--S.
Read the first time February 10, 2005.
To whom was referred a Bill (S. 482) to amend Section 59-149-10, Code of Laws of South Carolina, 1976, relating to life scholarships, so as to revise the institutions which are qualified, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, by deleting all after the enacting words and inserting:
/ SECTION 1. A. Section 59-149-10(B)(2) of the 1976 Code is amended to read:
"(2) a public or independent bachelor's level institution chartered before 1962 whose major campus and headquarters are located within South Carolina; or an independent bachelor's level institution which has attained 501(c)(3) tax status and was incorporated in its original charter in 1962, was granted a license to operate in 1997 by the Commission on Higher Education, has continued to maintain a campus in South Carolina, and is accredited by the Southern Association of Colleges and Secondary Schools or the New England Association of Colleges and Schools; or a public or independent two-year institution which has attained 501(c)(3) tax status. Institutions whose sole purpose is religious or theological training, or the granting of professional degrees do not meet the definition of 'public or independent institution' for purposes of this chapter."
B. The provisions of Section 59-149-10(B)(2) of the 1976 Code, as amended by this act, apply with regard to LIFE Scholarships awarded beginning with the 2004 fall semester. /
SECTION 2. This act takes effect upon approval by the Governor. /
Renumber sections to conform.
Amend title to conform.
JOHN E. COURSON for Committee.
EXPLANATION OF IMPACT:
Enactment of this bill would have minimal impact expenditures. Life scholarships are funded with state general fund and Education Lottery appropriations. The Commission on Higher Education (CHE) indicates enactment would allow students from one additional institution to become eligible for LIFE scholarships. During Fall 2004, students from this institution were eligible for LIFE since the proposed change was part of Act 187 of 2004 (S.560 - Life Sciences Act). As a result the proposed change was in effect as law from March 17, 2004 through January 28, 2005. Per CHE, there were no students from this institution that earned LIFE in Fall 2004. In future years should 5% of eligible students from this institution qualify, the cost would be $90,000 (18 student x $5,000).
Approved By:
Don Addy
Office of State Budget
TO AMEND SECTION 59-149-10, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO LIFE SCHOLARSHIPS, SO AS TO REVISE THE INSTITUTIONS WHICH ARE QUALIFIED TO RECEIVE LIFE SCHOLARSHIP FUNDS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. A. Section 59-149-10(B)(2) of the 1976 Code is amended to read:
"(2) a public or independent bachelor's level institution chartered before 1962 whose major campus and headquarters are located within South Carolina; or an independent bachelor's level institution which has attained 501(c)(3) tax status and is accredited by the Southern Association of Colleges and Secondary Schools or the New England Association of Colleges and Schools; or a public or independent two-year institution which has attained 501(c)(3) tax status. Institutions whose sole purpose is religious or theological training, or the granting of professional degrees do not meet the definition of 'public or independent institution' for purposes of this chapter."
B. The amendments to Section 59-149-10(B)(2) as contained in this section apply only to institutions that meet the criteria contained therein as of the effective date of this subsection.
SECTION 2. This act takes effect upon approval by the Governor.
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