H 3953 Session 111 (1995-1996)
H 3953 General Bill, By Stuart, Askins, Cave, Delleney, Harrison, J.H. Neal,
Phillips and Riser
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
59-101-370 so as to provide that an additional dollar must be added to the
ticket price of intercollegiate football games and men's and women's
basketball games at state-supported colleges and universities, the proceeds
from which must be deposited in a fund separate and distinct from the State
General Fund and used for the enhancement of professors' salaries,
recruitment, training, and research.
04/06/95 House Introduced and read first time HJ-34
04/06/95 House Referred to Committee on Ways and Means HJ-34
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA,
1976, BY ADDING SECTION 59-101-370 SO AS TO PROVIDE
THAT AN ADDITIONAL DOLLAR MUST BE ADDED TO THE
TICKET PRICE OF INTERCOLLEGIATE FOOTBALL GAMES
AND MEN'S AND WOMEN'S BASKETBALL GAMES AT
STATE-SUPPORTED COLLEGES AND UNIVERSITIES, THE
PROCEEDS FROM WHICH MUST BE DEPOSITED IN A FUND
SEPARATE AND DISTINCT FROM THE STATE GENERAL
FUND AND USED FOR THE ENHANCEMENT OF
PROFESSORS' SALARIES, RECRUITMENT, TRAINING, AND
RESEARCH.
Be it enacted by the General Assembly of the State of South
Carolina:
SECTION 1. The 1976 Code is amended by adding:
"Section 59-101-370. In addition to the admission or
ticket price of any intercollegiate football game or any men's or
women's intercollegiate basketball game of a state-supported college
or university of this State which is subject to the rules and
regulations of the National Collegiate Athletic Association, the
National Association for Intercollegiate Athletics, or the National
Junior College Athletic Association, an additional one dollar must
be added to the admission or ticket price which must be deposited
in a fund separate and distinct from the state general fund and used
for the enhancement of professors' salaries, recruitment, training,
and research in the manner the General Assembly shall provide.
The State Treasurer shall invest the monies in this fund in the same
manner and under the same terms and conditions as other state
public funds are invested, and earnings on this separate fund must
remain in the fund and may be used only for its stated
purposes."
SECTION 2. This act takes effect upon approval by the
Governor.
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