South Carolina General Assembly
117th Session, 2007-2008

Download This Bill in Microsoft Word format

Indicates Matter Stricken
Indicates New Matter

H. 3007

STATUS INFORMATION

General Bill
Sponsors: Reps. Kirsh, G.R. Smith, Witherspoon and Mahaffey
Document Path: l:\council\bills\bbm\9603htc07.doc
Companion/Similar bill(s): 239

Introduced in the House on January 9, 2007
Currently residing in the House Committee on Ways and Means

Summary: TERI Bill

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  12/13/2006  House   Prefiled
  12/13/2006  House   Referred to Committee on Ways and Means
    1/9/2007  House   Introduced and read first time HJ-20
    1/9/2007  House   Referred to Committee on Ways and Means HJ-20

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

12/13/2006

(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, 2007, AND TO REPEAL EFFECTIVE JULY 1, 2012, 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, 2007.

SECTION    2.    Article 17, Chapter 1, Title 9 of the 1976 Code is repealed effective July 1, 2012, for all purposes except the distribution of program accounts existing on that date.

SECTION    3.    This act takes effect upon approval by the Governor.

----XX----

This web page was last updated on Monday, October 10, 2011 at 1:32 P.M.