South Carolina General Assembly
116th Session, 2005-2006

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S. 1073

STATUS INFORMATION

General Bill
Sponsors: Senator O'Dell
Document Path: l:\council\bills\bbm\9125htc06.doc
Companion/Similar bill(s): 4425

Introduced in the Senate on January 24, 2006
Currently residing in the Senate Committee on Education

Summary: Lottery tuition assistance

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   1/24/2006  Senate  Introduced and read first time SJ-7
   1/24/2006  Senate  Referred to Committee on Education SJ-7

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/24/2006

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A BILL

TO AMEND SECTION 59-150-360, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO TUITION ASSISTANCE FROM LOTTERY FUNDS, SO AS TO PROVIDE FOR A SPECIFIC AMOUNT AS AN ANNUAL AWARD SUPPLEMENT AND TO PROVIDE FOR CUMULATIVE ADJUSTMENT OF THE AWARD AMOUNT SO AS TO REFLECT INCREASES IN THE HIGHER EDUCATION PRICE INDEX.

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

SECTION    1.    Section 59-150-360(D) of the 1976 Code is amended to read:

"(D)    'Tuition Assistance' for purposes of this section means, to the extent funds are appropriated, an annual award supplement of one thousand dollars a term for eligible resident students attending institutions as provided in subsection (A) of this section, to be applied to the amount charged for registering for credit hours of instruction and academic fees, less all federal grants and need-based grants, and does not include other fees, charges, or costs of textbooks. Every fourth year beginning with the annual award supplements applicable for the 2010-2011 academic year, this maximum award amount must be cumulatively adjusted to ensure the amount available for a term reflects recent increases in the Higher Education Price Index."

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

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