South Carolina General Assembly
116th Session, 2005-2006

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H. 4425

STATUS INFORMATION

General Bill
Sponsors: Reps. Thompson, White, Martin and Townsend
Document Path: l:\council\bills\am\18008mm06.doc
Companion/Similar bill(s): 1073

Introduced in the House on January 12, 2006
Currently residing in the House Committee on Ways and Means

Summary: Lottery tuition assistance

HISTORY OF LEGISLATIVE ACTIONS 

     Date      Body   Action Description with journal page number
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   1/12/2006  House   Introduced and read first time HJ-22
   1/12/2006  House   Referred to Committee on Ways and Means HJ-22

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

1/12/2006

(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 a two-year technical college or a public two-year institution, 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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