S 1147 Session 110 (1993-1994)
S 1147 General Bill, By J.V. Smith, Giese and McConnell
A Bill to amend the Code of Laws of South Carolina, 1976, by adding Article 9,
Chapter 111, Title 59, so as to create the Environmental Scholars Endowment
Fund for the purpose of establishing environmental scholars endowments at
qualifying institutions to award scholarships or fellowships to students
pursuing degrees in environmental studies or environmental sciences; to
provide for the financing of the Fund and requirements for the establishment
of endowments by the qualifying institutions.
02/09/94 Senate Introduced and read first time SJ-6
02/09/94 Senate Referred to Committee on Education SJ-6
04/14/94 Senate Committee report: Favorable with amendment
Education SJ-22
04/19/94 Senate Amended SJ-37
04/19/94 Senate Read second time SJ-37
04/20/94 Senate Read third time and sent to House SJ-11
04/21/94 House Introduced and read first time HJ-17
04/21/94 House Referred to Committee on Ways and Means HJ-17
COMMITTEE AMENDMENT ADOPTED
April 19, 1994
S. 1147
Introduced by SENATORS J. Verne Smith, McConnell and
Giese
S. Printed 4/19/94--S.
Read the first time February 9, 1994.
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY
ADDING ARTICLE 9, CHAPTER 111, TITLE 59, SO AS TO CREATE THE
ENVIRONMENTAL SCHOLARS ENDOWMENT FUND FOR THE
PURPOSE OF ESTABLISHING ENVIRONMENTAL SCHOLARS
ENDOWMENTS AT QUALIFYING INSTITUTIONS TO AWARD
SCHOLARSHIPS OR FELLOWSHIPS TO STUDENTS PURSUING
DEGREES IN ENVIRONMENTAL STUDIES OR ENVIRONMENTAL
SCIENCES; TO PROVIDE FOR THE FINANCING OF THE FUND AND
REQUIREMENTS FOR THE ESTABLISHMENT OF ENDOWMENTS BY
THE QUALIFYING INSTITUTIONS.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Title 59, Chapter 111 of the 1976 Code is amended by
adding:
"Article 9
Environmental Scholars
Endowment Fund
Section 59-111-710. For purposes of this article, `qualifying
institution' or `institution' means a state-supported post-secondary
educational institution offering a master or doctoral degree program in
environmental studies or environmental sciences on July 1, 1994.
Section 59-111-720. (A) There is created the Environmental
Scholars Endowment Fund, known as `the fund', which must be separate and
distinct from the general fund of the State. The fund must be financed
through the collection and deposit of fines and penalty assessments levied
by the South Carolina Department of Health and Environmental Control
pursuant to the State Safe Drinking Water Act, Sections 44-55-10, et seq.,
the South Carolina Hazardous Waste Management Act, Sections 44-56-10,
et seq., low-level radioactive waste fines pursuant to Sections 48-48-10,
et seq., and the South Carolina Pollution Control Act, Sections 48-1-10, et
seq. However, the portion of the Pollution Control Act fines distributed
to the counties pursuant to Section 48-1-350 must not be placed into the
fund.
(B) The collection and deposit of fines and penalties to the fund
pursuant to this section shall continue until such time as the fund reaches
four hundred thousand dollars at which time all subsequent fines and
penalties must be deposited in the general fund.
Section 59-111-730. (A) After the fund has reached four hundred
thousand dollars, each qualifying institution may request the transfer of one
hundred thousand dollars for the sole purpose of being held and
administered by the institution as the corpus of a perpetual endowment fund
known as the `Environmental Scholars Endowment'. Only an annual amount
no greater than the annual interest income earned from the corpus of the
endowment is to be expended for the award of scholarships or fellowships
to students pursuing graduate level degrees in environmental studies or
environmental sciences. The corpus of the fund must not be invaded by the
institution.
(B) A qualifying institution that establishes an Environmental Scholars
Endowment must agree to raise one hundred thousand dollars in private
match funds before July 1, 1999. If an institution fails to raise the one
hundred thousand dollars in private match funds before July 1, 1999, the
corpus of the endowment reverts to the fund.
Section 59-111-740. The criteria, selection process, and amount of
awards for scholarships or fellowships from an Environmental Scholars
Endowment must be established by each qualifying institution. However,
a recipient of a scholarship or fellowship must be currently enrolled or
accepted for enrollment in a master or doctoral degree program in
environmental studies or environmental sciences. Each institution also
must establish application procedures that ensure equitable minority
participation in the selection process. Preference must be given to those
applicants who are residents of South Carolina. A recipient of a
scholarship or a fellowship must complete a year-long internship in South
Carolina arranged by or with the approval of the institution prior to the
award of their degree.
Section 59-111-750. After the fund has reached four hundred thousand
dollars, the State Board for Comprehensive and Technical Education,
known as `the board', also may request the transfer of one hundred thousand
dollars from the fund to the board to establish and administer an
Environmental Scholars Endowment for the award of scholarships to
eligible students currently enrolled or accepted for enrollment in a
technical education degree program in environmental studies or
environmental sciences. This article applies to the board in its
administration of the endowment except that private match funds are not
required. The board shall establish written guidelines for the application,
review, and selection process which must be furnished to eligible students
through the technical education colleges.
Section 59-111-760. Each qualifying institution and the board annually
shall prepare an independent accounting of all of the funds in its
Environmental Scholars Endowment, including a statement of the value of
the corpus of the fund, the income derived from the corpus, and the
specific uses to which the income has been applied. The reports must be
kept on file at the institution and at the board and must be available for
inspection upon request.
Section 59-111-770. Any funds remaining in the fund July 1, 1999, or
any funds which have reverted to the fund pursuant to Section 59-111-730(B), shall be distributed equally among the board if it has established
an endowment and each qualifying institution that has established an
endowment and raised the required match funds. Funds distributed pursuant
to this section must be used only for the purpose of increasing the corpus
of the endowment. Upon final disbursement of all funds in accordance with
this section, the fund shall be dissolved."
SECTION 2. This act takes effect on July 1, 1994.
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