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S. 825
STATUS INFORMATION
General Bill
Sponsors: Senator Reese
Document Path: l:\council\bills\agm\18884mm07.doc
Introduced in the Senate on June 6, 2007
Currently residing in the Senate Committee on Education
Summary: Education Lottery Account
HISTORY OF LEGISLATIVE ACTIONS
Date Body Action Description with journal page number
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6/6/2007 Senate Introduced and read first time SJ-25
6/6/2007 Senate Referred to Committee on Education SJ-25
View the latest legislative information at the LPITS web site
VERSIONS OF THIS BILL
TO AMEND SECTION 59-150-350, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO EDUCATIONAL PURPOSES AND PROGRAMS FUNDED BY THE EDUCATION LOTTERY ACCOUNT, SO AS TO PROVIDE FOR THE DESIGNATION OF NET PROCEEDS FROM SPECIFIC LOTTERY GAMES TO EITHER K-12 OR HIGHER EDUCATION PROGRAMS IN EQUAL AMOUNTS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-150-350(D) of the 1976 Code is amended to read:
"(D)(1) At the beginning of the first fiscal year after the state lottery becomes operational, the Comptroller General shall certify the amount of net proceeds including investment earnings on the net proceeds credited to and accrued in the Education Lottery Account during the preceding fiscal year. The sum of certified net proceeds and investment earnings must be designated as annual lottery proceeds. Appropriations from the Education Lottery Account must be allocated only for educational purposes and educational programs by the General Assembly in its annual general appropriations bill or any bill appropriating monies for previous or current fiscal years. Funds made available from the Education Lottery Account must be used to provide Palmetto Fellows Scholarships to all eligible applicants, to provide LIFE Scholarships for eligible resident students attending four-year public institutions in those amounts provided by law; to the South Carolina State Library for public library state aid, to be distributed to county public libraries on a per capita basis and to be used for educational technology delivery, upgrade, and maintenance; to the Commission on Higher Education for tuition assistance at state technical colleges and two-year public institutions; for the SC HOPE Scholarship Program; to the Department of Education for school-based grants for pilot programs, to include programs providing deregulation as requested by school districts with an overall absolute or improved designation of average or better, with first priority given to schools reported as average, below average, or unsatisfactory in accordance with the Education Accountability Act; to the Department of Education to fund homework centers, and these funds must be allocated to the local school districts based on a per pupil basis and may be used for salaries for certified teachers and for transportation costs, provided that priority in the distribution of funds must be given to schools designated as below average or unsatisfactory in accordance with the Education Accountability Act; to the Commission on Higher Education for higher education assistance, including need-based grants, grants to teachers for advanced education with priority to annual grants earmarked for teachers working toward their masters' degrees or advanced education in their areas of certification, or both; for the National Guard Tuition Repayment Program; and funding for elementary and secondary public education as determined pursuant to the Education Accountability Act of 1998 and education improvement legislation enacted into law after the effective date of this chapter; new programs enacted by the General Assembly for public institutions of higher learning, including public four-year colleges and universities and their branches and two-year colleges, as defined in Section 59-103-5, and state technical colleges, which programs may include the creation of endowed chairs at the state's universities, with an emphasis in the areas of, but not limited to, engineering, computer science, and the sciences; to the State Department of Education for the purchase or repair of school buses; to the South Carolina Educational Television Commission for digitalization; to the Commission on Higher Education to administer a construction and renovation fund for the historically black colleges and universities, and to the Higher Education Tuition Grants Commission to administer tuition grants. The proportion of total recurring general fund and special fund revenues of the State expended for the total of public elementary, secondary, and higher education allocations in any fiscal year must not be less than the proportions in the fiscal year immediately before the fiscal year in which education revenues are first received from a state lottery, and must not be reduced or supplanted later by revenues received from a state lottery.
(2) At the beginning of the first fiscal year after the effective date of this item, the South Carolina Education Lottery Commission shall certify to the Comptroller General the amount of net proceeds attributable to each specific lottery game, as defined in Section 59-150-20(7), offered as a product by the commission during the preceding fiscal year. The commission then shall designate each specific lottery game as one funding K-12 programs or higher education programs in a manner such that the anticipated revenues in succeeding fiscal years from the sales of those games is generally equally designated between K-12 and higher education. The commission shall conspicuously identify, on the face of the lottery ticket or share, or otherwise, which education category the sale of that ticket is to benefit. The General Assembly shall base its allocations and appropriations to K-12 and higher education on the net proceeds, including investment earnings on net proceeds, from the sales of lottery games as designated by the commission. This item does not apply to those multi-state lottery games that, by reason of contractual provisions, must not be so designated. To the extent a lottery game must not be so designated, the net proceeds, including investments on net proceeds, from those lottery games must be allocated and appropriated by the General Assembly in two equal amounts to K-12 programs and higher education programs."
SECTION 2. This act takes effect upon approval by the Governor.
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