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S. 197

STATUS INFORMATION

General Bill
Sponsors: Senator Hutto
Document Path: l:\s-resmin\bills\hutto\smin0029.cbh.doc

Introduced in the Senate on January 16, 2003
Introduced in the House on February 19, 2003
Last Amended on February 18, 2003
Currently residing in the House Committee on Ways and Means

Summary: LIFE Scholarship, tax credit provided for student completing three of four years in state: provisions

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
   1/16/2003  Senate  Introduced and read first time SJ-8
   1/16/2003  Senate  Referred to Committee on Finance SJ-8
    2/5/2003  Senate  Committee report: Favorable Finance SJ-18
    2/6/2003          Scrivener's error corrected
   2/12/2003  Senate  Read second time SJ-16
   2/12/2003  Senate  Ordered to third reading with notice of amendments SJ-16
   2/18/2003  Senate  Amended SJ-15
   2/18/2003  Senate  Read third time and sent to House SJ-15
   2/19/2003  House   Introduced and read first time HJ-12
   2/19/2003  House   Referred to Committee on Ways and Means HJ-13
   2/19/2003          Scrivener's error corrected

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/16/2003
2/5/2003
2/6/2003
2/18/2003
2/19/2003

Indicates Matter Stricken

Indicates New Matter

AS PASSED BY THE SENATE

February 18, 2003

S. 197

S. Printed 2/18/03--S.    [SEC 2/19/03 11:04 AM]

Read the first time January 16, 2003.

TO AMEND SECTION 59-149-50, CODE OF LAWS OF SOUTH CAROLINA, 1976, SO AS TO ALLOW STUDENTS COMPLETING THREE OF THE FINAL FOUR YEARS OF HIGH SCHOOL IN SOUTH CAROLINA TO BE ELIGIBLE FOR THE LIFE SCHOLARSHIP IF ALL OTHER QUALIFICATIONS ARE MET AND TO AMEND SECTION 12-6-3385 SO AS TO ALLOW STUDENTS A REFUNDABLE TAX CREDIT IF THEY COMPLETE THREE OF THE FINAL FOUR YEARS OF HIGH SCHOOL IN SOUTH CAROLINA IF ALL OTHER REQUIREMENTS ARE MET.

Amend Title To Conform

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

SECTION    1.    Section 59-149-50(A) of the 1976 Code is amended to read:

"(A)    To be eligible for a LIFE Scholarship, a student must be either a member of a class a student who has graduating graduated from a high school located in this State, a student who has completed at least three of the final four years of high school within this State, a home school student who has successfully completed a high school home school program in this State in the manner required by law, or a student who has graduating graduated from a preparatory high school outside this State, while a dependent of a parent or guardian who is a legal resident of this State and has custody of the dependent. , and these students These students must also meet the requirements of subsection (B) and be eligible for in-state tuition and fees as determined pursuant to Chapter 112 of Title 59 and applicable regulations. In addition, beginning with the 1998-99 school year for those students who graduate from high school on or after May 1998 the student must have graduated from high school with a minimum of a 3.0 cumulative grade average on a 4.0 scale and have scored 1000 or better on the Scholastic Aptitude Test (SAT) or have the equivalent ACT score, 1050 or better, beginning with school year 2000-2001, and 1100 or better, beginning with school year 2002-2003; provided that, if the student is to attend such a public or independent two-year college or university in this State, including a technical college, the SAT requirement does not apply. If a student chooses to attend such a public or independent institution of this State and does not make the required SAT score or the required high school grade point average, as applicable, the student may earn a LIFE Scholarship after his freshman year if he meets the grade point average and semester credit hour requirements of subsection (B)."

SECTION    2.    Section 12-6-3385(B)(3)(i) of the 1976 Code is amended to read:

"(i)    graduated from a high school in this State or attended at least three of the final four years of high school within this State;"

SECTION    3.    Section 59-145-50 (B) of the 1976 Code is amended to read:

"(B) Students receiving a LIFE Scholarship to retain it and students currently enrolled in an eligible institution to receive such a scholarship must, earn a 3.0 cumulative grade point average on a 4.0 scale each year and earn at least thirty credit hours each year for the maximum of semesters permitted at that institution by Section 59-149-60. The cumulative grade point average calculation, for purposes of LIFE scholarship eligibility, must be inclusive of the student's grade point average at all colleges and universities attended."

SECTION    4.    This act takes effect upon approval by the Governor.

This web page was last updated on Monday, December 7, 2009 at 10:15 A.M.