South Carolina General Assembly
117th Session, 2007-2008

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H. 4931

STATUS INFORMATION

Joint Resolution
Sponsors: Education and Public Works Committee
Document Path: l:\council\bills\nbd\12226ac08.doc

Introduced in the House on April 2, 2008
Introduced in the Senate on April 10, 2008
Currently residing in the Senate Committee on Education

Summary: Nonpublic postsecondary institution licensing

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
    4/2/2008  House   Introduced, read first time, placed on calendar without 
                        reference HJ-12
    4/9/2008  House   Read second time HJ-26
   4/10/2008  House   Read third time and sent to Senate HJ-28
   4/10/2008  Senate  Introduced and read first time SJ-7
   4/10/2008  Senate  Referred to Committee on Education SJ-7

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

4/2/2008
4/2/2008-A

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

INTRODUCED

April 2, 2008

H. 4931

Introduced by Education and Public Works Committee

S. Printed 4/2/08--H.

Read the first time April 2, 2008.

            

A JOINT RESOLUTION

TO APPROVE REGULATIONS OF THE COMMISSION ON HIGHER EDUCATION, RELATING TO NONPUBLIC POSTSECONDARY INSTITUTION LICENSING, USE OF SURETY BOND FUNDS, DESIGNATED AS REGULATION DOCUMENT NUMBER 3170, PURSUANT TO THE PROVISIONS OF ARTICLE 1, CHAPTER 23, TITLE 1 OF THE 1976 CODE.

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

SECTION    1.    The regulations of the Commission on Higher Education, relating to Nonpublic Postsecondary Institution Licensing, use of surety bond funds, designated as Regulation Document Number 3170, and submitted to the General Assembly pursuant to the provisions of Article 1, Chapter 23, Title 1 of the 1976 Code, are approved.

SECTION    2.    This joint resolution takes effect upon approval by the Governor.

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SUMMARY AS SUBMITTED

BY PROMULGATING AGENCY.

62-7.A. is amended to allow the Commission to use surety bond funds to pay refunds of unearned tuition and fees, to pay for or subsidize the cost of providing facilities and instruction to complete programs, or pay expenses to store and maintain student records.

The Commission on Higher Education is the licensing authority for nonpublic (private) institutions operating or soliciting in the State. The Commission may require that the institution provide a surety bond to be used for the benefit of students who suffer financial losses of tuition and fees prepaid to an institution as a result of the closing of the institution. The statute also authorizes the Commission to establish a student recovery fund; the Commission has not promulgated regulations to establish a student recovery fund. On May 17, 2007, a change in the Nonpublic Postsecondary Institution License Act became effective that allows the Commission to use funds available from a surety bond or money in a student recovery fund to pay refunds to students for unearned tuition and fees, to pay for or subsidize the cost of providing facilities and instruction, or to pay expenses to store and maintain student records. The proposed change to Commission on Higher Education Regulation 62-7.A. will replicate the language now included in the statute to expand the ways the Commission may use available funds to assist students who were enrolled in an institution that closed.

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