S 0457 General Bill, By Grooms, Thomas, Vaughn, McConnell, Bryant, Fair, Hawkins, Mescher, Ryberg, Verdin, Knotts and Campsen
Similar (H 3484)
Summary: Educational Opportunity Scholarship Act
    A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ENACTING THE "SOUTH CAROLINA EDUCATIONAL OPPORTUNITY SCHOLARSHIP ACT" BY ADDING CHAPTER 18 TO TITLE 12 SO AS TO PROVIDE A CREDIT FOR CERTAIN TAXES FOR TUITION PAID TO PUBLIC OR INDEPENDENT SCHOOLS AND FOR CONTRIBUTIONS TO THE RURAL SCHOOL INFRASTRUCTURE FUND, TO PROVIDE FOR THE CREATION OF THE RURAL SCHOOL INFRASTRUCTURE AUTHORITY AND ITS GOVERNANCE AND PROVIDE HOW CONTRIBUTIONS TO THE AUTHORITY MUST BE USED, TO DEFINE CERTAIN TERMS, TO PROVIDE FOR REPORTING AND ACCOUNTABILITY OF THE IMPLEMENTATION OF THIS CHAPTER, TO AUTHORIZE THE AUTHORITY TO PROVIDE LOANS AND OTHER FINANCIAL ASSISTANCE TO SCHOOL DISTRICTS TO FINANCE CAPITAL PROJECTS, TO ALLOW STATE APPROPRIATIONS, GRANTS, LOAN REPAYMENTS, AND OTHER AVAILABLE AMOUNTS TO BE CREDITED TO THE FUND OF THE AUTHORITY, TO AUTHORIZE LENDING TO AND BORROWING BY SCHOOL DISTRICTS THROUGH THE AUTHORITY, AND TO AUTHORIZE THE ISSUANCE OF GENERAL OBLIGATION BONDS BY THE AUTHORITY TO BE USED FOR ITS STATED PURPOSES; BY ADDING ARTICLE 6 TO CHAPTER 63, TITLE 59 SO AS TO ALLOW CERTAIN STUDENTS TO USE AN EDUCATIONAL OPPORTUNITY SCHOLARSHIP EQUAL TO A PORTION OF THE AVERAGE STATE PER PUPIL EXPENDITURE TO TRANSFER FROM A FAILING PUBLIC SCHOOL TO ANOTHER PUBLIC SCHOOL OR TO AN INDEPENDENT SCHOOL, TO PROVIDE FOR AN ADDITIONAL AWARD FOR TRANSPORTATION OF THE TRANSFERRING STUDENT, TO DEFINE CERTAIN TERMS, TO PROVIDE THE DUTIES OF A FAILING PUBLIC SCHOOL AND THE DUTIES AND RIGHTS OF THE PARENT AND STUDENT WHO WISHES TO TRANSFER, AND TO PROVIDE FOR REPORTING, ACCOUNTABILITY, AND CONDUCTING OF EXAMINATIONS AND INVESTIGATIONS.
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02/20/07	Senate	Introduced and read first time SJ-3
02/20/07	Senate	Referred to Committee on Finance SJ-3