South Carolina General Assembly
114th Session, 2001-2002

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Bill 4663


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COMMITTEE REPORT

April 11, 2002

    H. 4663

Introduced by Reps. Allison, Harrell, Townsend, Cotty, J.R. Smith, Clyburn and Walker

S. Printed 4/11/02--H.

Read the first time February 6, 2002.

            

THE COMMITTEE ON WAYS AND MEANS

    To whom was referred a Joint Resolution (H. 4663) to authorize school districts and special schools for Fiscal Years 2001-2002 and 2002-2003 to transfer up to twenty percent of revenue between programs to any instructional program with the, etc., respectfully

REPORT:

    That they have duly and carefully considered the same and recommend that the same do pass:

ROBERT W. HARRELL, JR. for Committee.

            

STATEMENT OF ESTIMATED FISCAL IMPACT

ESTIMATED FISCAL IMPACT ON GENERAL FUND EXPENDITURES:

$0 (No additional expenditures or savings are expected)

ESTIMATED FISCAL IMPACT ON FEDERAL & OTHER FUND EXPENDITURES IS:

$0 (No additional expenditures or savings are expected)

EXPLANATION OF IMPACT:

    The State Department of Education indicates enactment of this bill would have no impact on the General Fund of the State or on federal and/or other funds. The department can establish procedures for the review of transfers, and provide details of transfers processed at no additional cost.

    Approved By:

    Don Addy

    Office of State Budget

A JOINT RESOLUTION

TO AUTHORIZE SCHOOL DISTRICTS AND SPECIAL SCHOOLS FOR FISCAL YEARS 2001-2002 AND 2002-2003 TO TRANSFER UP TO TWENTY PERCENT OF REVENUE BETWEEN PROGRAMS TO ANY INSTRUCTIONAL PROGRAM WITH THE SAME FUNDING SOURCE, AND TO AUTHORIZE SCHOOL DISTRICTS AND SPECIAL SCHOOLS FOR FISCAL YEARS 2001-2002 AND 2002-2003 TO EXPEND FUNDS RECEIVED FROM THE CHILDREN'S EDUCATION ENDOWMENT FUND FOR SCHOOL FACILITIES AND FIXED EQUIPMENT ASSISTANCE INSTEAD FOR ANY INSTRUCTIONAL PROGRAM.

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

SECTION    1.    For fiscal years 2001-2002 and 2002-2003, all school districts and special schools of this State may transfer up to twenty percent of revenue between programs to any instructional program with the same funding source. The South Carolina Department of Education must establish a procedure for the review of all transfers authorized by this joint resolution. The details of those transfers executed pursuant to this joint resolution must be provided to members of the General Assembly upon request. Education Improvement Act revenue and restricted state grant revenue from the preceding fiscal year may be carried forward into the following fiscal year to be used for the same purpose. All transfers executed pursuant to this joint resolution must be completed by May first of the applicable fiscal year.

SECTION    2.    Notwithstanding any other provision of law, for fiscal years 2001-2002 and 2002-2003, all school districts and special schools of this State may expend funds it receives from the Children's Education Endowment Fund for school facilities and fixed equipment assistance instead for any instructional program.

SECTION    3.    This joint resolution takes effect upon approval by the Governor.

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