Download This Bill in Microsoft Word format
Current Status Bill Number:View additional legislative information at the LPITS web site.3596 Type of Legislation:General Bill GB Introducing Body:House Introduced Date:19990223 Primary Sponsor:Simrill All Sponsors:Simrill, Delleney, Kirsh, McCraw, Meacham-Richardson, Moody-Lawrence Drafted Document Number:l:\council\bills\bbm\9013som99.doc Residing Body:House Current Committee:Ways and Means Committee 30 HWM Subject:Colleges and universities, state- supported; to notify county legislative delegation of meeting on sale of real property History Body Date Action Description Com Leg Involved ______ ________ ______________________________________ _______ ____________ House 19990223 Introduced, read first time, 30 HWM referred to Committee Versions of This Bill
TO AMEND SECTION 59-101-180, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO THE SALE AND DISPOSAL OF REAL PROPERTY TITLED IN THE NAME OF A STATE-SUPPORTED COLLEGE OR UNIVERSITY, SO AS TO PROVIDE THAT THE COLLEGE OR UNIVERSITY MUST NOTIFY THE LEGISLATIVE DELEGATION OF THE COUNTY WHERE THE PROPERTY IS LOCATED OF THE MEETING OF THE BUDGET AND CONTROL BOARD WHEN THE PROPOSED SALE OF THEIR PROPERTY WILL BE DISCUSSED.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-101-180 of the 1976 Code, as amended by Act 419 of 1998, is further amended to read:
"Section 59-101-180. The governing body for each state-supported college and university shall review the real property titled in the name of its institution to determine if such property is in excess of the institution's anticipated needs and is available for disposal. All real properties determined to be in excess may be disposed of with the approval of the Budget and Control Board and the governing body for the college or university. The college or university must notify the legislative delegation of the county where the property is located of the date and time of the meeting with the Budget and Control Board when the proposed sale of this property will be discussed. The proceeds of such sales are to be disposed of as follows:
(1) if the property was acquired as a gift, or through tuition, student fees or earned income, the proceeds may be retained by the selling institution for use in accord with established needs;
(2) if the property was acquired through state appropriations, state capital improvement bonds, or formula funds, the proceeds shall revert to the state general fund.
The responsibility for providing any necessary documentation including, but not limited to, documenting the fund source of any real property proposed for sale rests with each respective institution."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Wednesday, December 9, 2009 at 9:15 A.M.