H 3416 General Bill, By L.S. Whipper, Breeland, Dantzler, Harrell, H.G. Hutson, 
W.D. Keyserling, Lloyd, J.S. Shissias, Whipper and Witherspoon

Similar(S 611)
 A Bill to amend the Code of Laws of South Carolina, 1976, by adding Section
 59-101-197 so as to require the reporting of certain financial information by
 each medical school receiving an appropriation from the State.

   01/31/95  House  Introduced and read first time HJ-5
   01/31/95  House  Referred to Committee on Ways and Means HJ-5
   04/26/95  House  Recalled from Committee on Ways and Means HJ-162
   05/03/95  House  Amended HJ-75
   05/03/95  House  Read second time HJ-76
   05/04/95  House  Read third time and sent to Senate HJ-10
   05/05/95  Senate Introduced and read first time SJ-5
   05/05/95  Senate Referred to Committee on Education SJ-5
   05/09/95  Senate Recalled from Committee on Medical Affairs SJ-35
   05/11/95  Senate Read second time SJ-1
   05/11/95  Senate Ordered to third reading with notice of
                     amendments SJ-31
   05/24/95  Senate Recommitted to Committee on Education SJ-45

May 9, 1995

H. 3416

Introduced by REPS. L. Whipper, Harrell, S. Whipper, Witherspoon, Shissias, Lloyd, Breeland, Dantzler, Hutson and Keyserling

S. Printed 5/9/95--S.

Read the first time May 5, 1995.

A BILL

TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-101-197 SO AS TO REQUIRE THE REPORTING OF CERTAIN FINANCIAL INFORMATION BY EACH MEDICAL SCHOOL RECEIVING AN APPROPRIATION FROM THE STATE.

Be it enacted by the General Assembly of the State of South Carolina:

SECTION 1. The 1976 Code is amended by adding:

"Section 59-101-197. (A) For purposes of this section `affiliate' means any entity controlled by or under common control with another entity, whether through ownership, interlocking boards or officers, charter, bylaws, or otherwise and including each professional staff office or practice of each medical school receiving an appropriation from the State, and each trust or foundation which has as one of its significant purposes the support of a medical school receiving an appropriation from the State.

(B) Not later than August first of each year, each medical school receiving an appropriation from the State shall provide to the General Assembly a written report setting forth:

(1) for the prior fiscal year the total compensation paid or accrued by the medical school and its affiliates, including cash, fringe benefits, retirement accounts or arrangements, deferred compensation accounts or arrangements, gifts, goods and services, consultant's, director's and trustee's fees and honoraria, from all sources to or for each officer, dean, department chairman and each of the fifty most highly compensated physicians employed by or utilizing the facilities of the medical school or its affiliates;

(2) a description of each element of the compensation;

(3) the source of each element of the compensation; and

(4) the number of out-of-state students and the total number of students in each academic program."

SECTION 2. This act takes effect upon approval by the Governor.