Download This Bill in Microsoft Word format
Indicates Matter Stricken
Indicates New Matter
H. 4486
STATUS INFORMATION
General Bill
Sponsors: Reps. Harrell, Herbkersman, Chalk and Ceips
Document Path: l:\council\bills\gjk\20726sd06.doc
Introduced in the House on January 24, 2006
Currently residing in the House Committee on Ways and Means
Summary: School funding
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number ------------------------------------------------------------------------------- 1/24/2006 House Introduced and read first time HJ-8 1/24/2006 House Referred to Committee on Ways and Means HJ-8
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-20-22 SO AS TO PROVIDE THAT NOTWITHSTANDING A SCHOOL DISTRICT'S INDEX OF TAXPAYING ABILITY, THE MINIMUM STATE FUNDS A SCHOOL DISTRICT SHALL RECEIVE IN ANY YEAR IS FORTY PERCENT OF THE APPLICABLE YEAR'S BASE STUDENT COST, AND TO PROVIDE THAT THE DIFFERENCE BETWEEN WHAT A DISTRICT WOULD RECEIVE UNDER THIS REQUIREMENT AND UNDER THE EDUCATION FINANCE ACT NORMALLY MUST BE PAID FROM THE GENERAL FUND OF THE STATE.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 20, Title 59 of the 1976 Code is amended by adding:
"Section 59-20-22. Notwithstanding a school district's index of taxpaying ability, the minimum state funds a district shall receive in any year is forty percent of the applicable year's base student cost. The difference between what a school district would receive in a particular year from its normal distribution under the Education Finance Act and what a district would receive as required by this section must be paid from the general fund of this State."
SECTION 2. This act takes effect upon approval by the Governor.
This web page was last updated on Friday, December 4, 2009 at 3:49 P.M.