S E N A T E A M E N D M E N T

   AMENDMENT NO. _____

310896031496000/SM

CREATEDATE \@ "MMMM d, yyyy" \* MERGEFORMAT April 20, 2026

ADOPTED		TABLED	CARRIED OVER	FAILED	RECONSIDERED

Clerk of the Senate

   ADOPTION NO. _____

BILL NO: H.5126  (Reference is to Printer's Date 04/21/26-S.)

04572000 

 Senator STUBBS proposes the following amendment (SM CLEMSON PSA ACCOUNT):

 Amend the bill, as and if amended, Part IB, Section 45, CLEMSON UNIVERSITY- PSA, page 409, after line 26, by adding an appropriately numbered new proviso to read:

/ (CU-PSA: Separate Accounting and Transfer Prohibition) (A) Funds appropriated in this act to Clemson University Public Service Activities (PSA) for agricultural research, extension, regulatory, and related public service programs shall be maintained, budgeted, and accounted for in a separate and distinct fund or account from all funds appropriated to Clemson University Education & General (E&G). Clemson University and Clemson PSA are hereby treated as two separate state agencies for all financial, accounting, and reporting purposes. No funds, including state appropriations, federal pass-throughs, indirect cost recoveries, or any other revenues, shall be transferred, loaned, commingled, or otherwise moved between the PSA account and the E&G account (or any auxiliary, restricted, or other funds under the administrative control of the greater University) without the express prior written approval of the General Assembly through a subsequent provision or statute. Any attempt to circumvent this separation through internal reallocations, shared services charges, or administrative overhead assessments is prohibited.

 (B) Clemson University shall submit quarterly reports no later than thirty days after the end of each fiscal quarter to the Executive Budget Office, the House Ways and Means Committee, the Senate Finance Committee, and the Legislative Audit Council. Each report must certify compliance with this provision, detail all PSA and E&G expenditures by fund source, and identify any shared administrative costs with a clear allocation methodology that does not result in cross-subsidization. The Executive Budget Office shall withhold no less than ten percent of the total E&G appropriation until full compliance is achieved and certified.

 (C) Any unexpended PSA funds at year-end may be carried forward only within the PSA account as otherwise authorized by existing law or provision. /

 Renumber sections to conform.

 Amend sections, totals and title to conform.