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Indicates Matter Stricken
Indicates New Matter
March 7, 2007
S. Printed 3/7/07--H.
Read the first time January 9, 2007.
EXPLANATION OF IMPACT:
Estimated costs of this bill as amended would be $7,600 in recurring expenses to provide support for the Advisory Committee meetings. This includes $3,040 to cover committee member meeting costs associated with travel and subsistence, $2,560 in staffing, and $2,000 for supplies, postage and printing.
Office of State Budget
TO AMEND SECTION 59-26-20, AS AMENDED, CODE OF LAWS OF SOUTH CAROLINA, 1976, RELATING TO DUTIES OF THE STATE BOARD OF EDUCATION AND THE COMMISSION ON HIGHER EDUCATION, SO AS TO ESTABLISH THE SOUTH CAROLINA TEACHER LOAN PROGRAM POLICY BOARD OF GOVERNANCE AND PROVIDE FOR ITS MEMBERSHIP AND DUTIES.
Amend Title To Conform
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Section 59-26-20(j) of the 1976 Code, as last amended by Act 307 of 2004, is further amended by adding a new paragraph after the fourth paragraph to read:
"The Commission on Higher Education shall establish, appoint, and maintain the South Carolina Teacher Loan Program Advisory Committee. The committee must be composed of one member representing each of the following:
(1) Commission on Higher Education;
(2) State Board of Education;
(3) Education Oversight Committee;
(4) Center for Educator Recruitment, Retention, and Advancement of South Carolina;
(5) South Carolina Student Loan Corporation;
(6) South Carolina Association of Student Financial Aid Administrators;
(7) a local school district human resources office;
(8) a public college or university with an approved teacher preparation program; and
(9) a private college or university with an approved teacher preparation program.
The members of the committee representing the public and private colleges or universities shall rotate among those institutions and shall serve a two-year term on the committee. Initial appointments must be made by July 1, 2007, at which time the member representing the Commission on Higher Education shall call the first meeting. At the initial meeting a chairman and vice chairman must be elected by a majority vote of the committee. The committee must be staffed by the Commission on Higher Education and shall meet at least twice annually. The committee's responsibilities are limited to:
(i) establishing goals for the Teacher Loan Program;
(ii) facilitating communication among the cooperating agencies;
(iii) advocating for the Teacher Loan Program participants; and
(iv) advising the Commission on Higher Education on Teacher Loan Program policies and procedures."
SECTION 2. This act takes effect upon approval by the Governor.
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