Senator RICE proposed the following amendment (419R065.SP.RFR):

Amend the bill, as and if amended, PART IX, Miscellaneous, pages 75-76, by striking SECTION 56, relating to a Legislative Audit Council study and report, and inserting:

/SECTION5 6. A. Section 59-1-495 of the 1976 Code is amended to read:

"Section 59-1-495. (A) The General Assembly directs the State Superintendent of Education, the Executive Director of the Education Oversight Committee, the Chairman of the House Education and Public Works Committee, and the Chairman of the Senate Education Committee to each appoint one representative to a committee to be chaired by the appointee of the State Superintendent of Education to review Title 59 of the South Carolina Code of Laws and report to the General Assembly all statutes that are obsolete or no longer applicable. In addition, the report must identify all the federal education statutes and regulations with which the State of South Carolina is required to comply. The committee, with the assistance of the Revenue and Fiscal Affairs Office, must include in the report the total cost to the State of South Carolina to comply with the identified federal education statutes and regulations. This report must be submitted by December 31, 2016, and updated at least every five years thereafter.

(B) With the assistance of the Revenue and Fiscal Affairs Office, the State Department of Education will annually report by December thirty-first the federal funding streams for programs and grants for elementary and secondary education in this State to the General Assembly. The report must include:

(1) the amount of federal funding provided to the State Department of Education that flows through to each school district;

(2) the applicable maintenance of state support, maintenance of local effort, and matching required by any applicable grant, and uses of these funds by state and local school districts;

(3) compliance activities conducted by the State; and

(4) the available outcome data and information applicable to each grant."

B.Section 59-1-495(B) of the 1976 Code takes effect on August 1, 2021. /