H*3542(Rat #0078, Act #0116 of 2001)  Joint Resolution, By Allison, Cotty, 
McCraw, J.R. Smith and Knotts
 A JOINT RESOLUTION TO PROVIDE THAT LAPSED EDUCATION IMPROVEMENT ACT FUNDS OF
 THE DEPARTMENT OF EDUCATION INCLUDING EIA FUNDS FOR FISCAL YEAR 2000-2001 AND
 PRIOR YEARS MUST BE USED BY THE DEPARTMENT FOR STIPULATED PRIORITY
 EXPENDITURES AND TO PROVIDE THAT FUNDS APPROPRIATED FOR EIA TEACHER SALARIES
 AND RELATED FRINGE BENEFITS ARE EXEMPT FROM ANY REQUIRED SPENDING REDUCTIONS.

   02/14/01  House  Introduced and read first time HJ-3
   02/14/01  House  Referred to Committee on Ways and Means HJ-3
   03/06/01  House  Committee report: Favorable with amendment Ways
                     and Means HJ-4
   03/07/01  House  Amended HJ-19
   03/08/01  House  Read second time HJ-13
   03/08/01  House  Unanimous consent for third reading on next
                     legislative day HJ-14
   03/09/01  House  Read third time and sent to Senate HJ-1
   03/13/01  Senate Introduced and read first time SJ-9
   03/13/01  Senate Referred to Committee on Finance SJ-9
   05/09/01  Senate Committee report: Favorable Finance SJ-24
   05/14/01  Senate Read second time SJ-18
   05/14/01  Senate Ordered to third reading with notice of
                     amendments SJ-18
   05/15/01  Senate Read third time and enrolled SJ-8
   05/23/01         Ratified R 78
   05/29/01         Signed By Governor
   06/14/01         Effective date 05/29/01
   06/14/01         Copies available
   11/15/01         Act No. 116

A JOINT RESOLUTION TO PROVIDE THAT LAPSED EDUCATION IMPROVEMENT ACT FUNDS OF THE DEPARTMENT OF EDUCATION FOR FISCAL YEAR 2000-2001 AND PRIOR YEARS MUST BE USED BY THE DEPARTMENT FOR STIPULATED PRIORITY EXPENDITURES AND TO PROVIDE THAT FUNDS APPROPRIATED FOR EIA TEACHER SALARIES AND RELATED FRINGE BENEFITS ARE EXEMPT FROM REQUIRED SPENDING REDUCTIONS.

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

Use of lapsed EIA funds; exemption from spending reductions

SECTION 1. Notwithstanding any other provision of law, any lapsed Education Improvement Act (EIA) funds, to include unexpended appropriated funds or revenue in excess of appropriations in the Education Improvement Act (EIA) fund, in the current fiscal year or in any prior fiscal year must first be used and are authorized to be used by the Department of Education in the following priority order:

(1) to offset an official EIA revenue shortfall declared by the Board of Economic Advisors;

(2) to fund any school district's appropriation deficit in EIA teacher salary supplement, teacher salary supplement fringe, or National Board Certification Incentives;

(3) the remaining lapsed funds must be used in accordance with Section 59-21-420 of the 1976 Code. Furthermore, in the event an official EIA revenue shortfall is declared, funds appropriated for EIA teacher salaries and related fringe benefits in the 2000-2001 general appropriations act are exempt from any reduction required to offset the shortfall.

Time effective

SECTION 2. This joint resolution takes effect upon approval by the Governor.

Ratified the 23rd day of May, 2001.

Approved the 29th day of May, 2001.