Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
S. 242
STATUS INFORMATION
General Bill
Sponsors: Senators Ryberg, L. Martin, Bryant, Fair, Knotts, Davis, O'Dell, Bright and Verdin
Document Path: l:\s-res\wgr\006teri.dag.wgr.docx
Companion/Similar bill(s): 3009
Introduced in the Senate on January 13, 2009
Currently residing in the Senate
Summary: TERI Program
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
-------------------------------------------------------------------------------
1/13/2009 Senate Introduced and read first time SJ-193
1/13/2009 Senate Referred to Committee on Finance SJ-193
1/14/2009 Senate Referred to Subcommittee: Alexander (ch), Setzler,
Ryberg, Verdin, Leventis, Jackson
4/14/2010 Senate Committee report: Majority favorable with amend.,
minority unfavorable Finance SJ-58
4/15/2010 Scrivener's error corrected
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
COMMITTEE REPORT
April 14, 2010
S. 242
Introduced by Senators Ryberg, L. Martin, Bryant, Fair, Knotts, Davis, O'Dell, Bright and Verdin
S. Printed 4/14/10--S. [SEC 4/15/10 11:07 AM]
Read the first time January 13, 2009.
To whom was referred a Bill (S. 242) to close the Teacher and Employee Retention Incentive (TERI) Program to new participants effective July 1, 2009; to repeal Article 17, Chapter 1, Title 9 of the, etc., respectfully
That they have duly and carefully considered the same and recommend that the same do pass with amendment:
Amend the bill, as and if amended, by striking SECTIONS 1 and 2 and inserting:
/ 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, 2010.
SECTION 2. Article 17, Chapter 1, Title 9 of the 1976 Code is repealed effective July 1, 2015, for all purposes except the distribution of program accounts existing on that date. /
Renumber sections to conform.
Amend title to conform.
Majority favorable. Minority unfavorable.
HUGH K. LEATHERMAN, SR. PHIL P. LEVENTIS
For Majority. GLENN G. REESE
For Minority.
TO CLOSE THE TEACHER AND EMPLOYEE RETENTION INCENTIVE (TERI) PROGRAM TO NEW PARTICIPANTS EFFECTIVE JULY 1, 2009; TO REPEAL ARTICLE 17, CHAPTER 1, TITLE 9 OF THE 1976 CODE, RELATING TO THE ESTABLISHMENT OF THE TERI PROGRAM; AND TO PROVIDE THAT THE PROVISIONS OF THIS ACT MAY NOT BE AMENDED OR REPEALED EXCEPT IN SEPARATE LEGISLATION RECEIVING AN AFFIRMATIVE TWO-THIRDS RECORDED VOTE IN EACH HOUSE OF THE GENERAL ASSEMBLY.
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, 2009.
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. The provisions of this act may not be amended or repealed except in separate legislation enacted solely for that purpose which received at least an affirmative two-thirds recorded vote of the total membership of each house of the General Assembly.
SECTION 4. This act takes effect upon approval by the Governor.
This web page was last updated on Monday, October 10, 2011 at 12:14 P.M.