South Carolina General Assembly
118th Session, 2009-2010

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H. 3009

STATUS INFORMATION

General Bill
Sponsors: Reps. Kirsh, Littlejohn, Umphlett, Stewart and Toole
Document Path: l:\council\bills\bbm\9010htc09.docx
Companion/Similar bill(s): 242

Introduced in the House on January 13, 2009
Currently residing in the House Committee on Ways and Means

Summary: TERI Program

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   12/9/2008  House   Prefiled
   12/9/2008  House   Referred to Committee on Ways and Means
   1/13/2009  House   Introduced and read first time HJ-20
   1/13/2009  House   Referred to Committee on Ways and Means HJ-21
   1/29/2009  House   Member(s) request name added as sponsor: Stewart
   2/19/2009  House   Member(s) request name added as sponsor: Toole

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

12/9/2008

(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, 2009, AND TO REPEAL EFFECTIVE JULY 1, 2014, 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, 2009.

SECTION    2.    Article 17, Chapter 1, Title 9 of the 1976 Code is repealed effective July 1, 2014, for all purposes except the distribution of program accounts existing on that date.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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