South Carolina General Assembly
112th Session, 1997-1998

Bill 3672

Indicates Matter Stricken
Indicates New Matter 

                    Current Status

Bill Number:                       3672
Type of Legislation:               General Bill GB
Introducing Body:                  House
Introduced Date:                   19970318
Primary Sponsor:                   Simrill
All Sponsors:                      Simrill, Stille, Kirsh and
                                   Meacham 
Drafted Document Number:           gjk\20366sd.97
Residing Body:                     House
Current Committee:                 Ways and Means Committee 30
                                   HWM
Subject:                           State-supported college or
                                   university President; provisions for
                                   earning of additional income,
                                   Ethics
History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________
House   19970318  Introduced, read first time,             30 HWM
                  referred to Committee
View additional legislative information at the LPITS web site.

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-101-196 SO AS TO PROVIDE THAT THE PRESIDENT OF ANY STATE-SUPPORTED INSTITUTION OF HIGHER LEARNING MAY NOT EARN ADDITIONAL INCOME OR CONSULTING FEES FROM ANY OTHER PUBLIC SOURCE IN AN AMOUNT EXCEEDING TEN PERCENT OF HIS COMPENSATION AS PRESIDENT AS PROVIDED IN THE ANNUAL GENERAL APPROPRIATIONS ACT, AND TO REQUIRE EARNED INCOME AND CONSULTING FEES FROM PRIVATE SOURCES TO BE APPROVED BY THE BOARD OF TRUSTEES OF THAT INSTITUTION AND THE STATE BUDGET AND CONTROL BOARD.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The 1976 Code is amended by adding:

"Section 59-101-196. (A) The president of any state-supported institution of higher learning as defined in Section 59-103-5 may not earn additional income or consulting fees from any other public source in an amount exceeding ten percent of his compensation as president as provided in the annual general appropriations act.

(B) Any earned income or consulting fees from private sources, including fees for service as a member of a private board of directors, must be approved by the board of trustees of that institution and the State Budget and Control Board.

(C) The term 'public source' as used in this section includes income, fees, or payments from foundations or auxiliary entities associated with that institution."

SECTION 2. This act takes effect upon approval by the Governor.

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