Bill 4802

                    Current Status

Bill Number:               4802
Ratification Number:       724
Act Number                 620
Introducing Body:          House
Subject:                   Monies appropriated from fund

(A620, R724, H4802)

A JOINT RESOLUTION TO APPROPRIATE MONIES FROM THE CAPITAL RESERVE FUND FOR FISCAL YEAR 1989-90 AND PROVIDE THAT OF THE FUNDS APPROPRIATED FOR HIGHER EDUCATION FORMULA FUNDING, THE COMMISSION ON HIGHER EDUCATION SHALL ALLOCATE THESE FUNDS TO THE STATE'S PUBLIC COLLEGES AND UNIVERSITIES AND TO THE STATE BOARD FOR TECHNICAL AND COMPREHENSIVE EDUCATION IN NO OTHER MANNER THAN ACCORDING TO THE FORMULA FOR FUNDING HIGHER EDUCATION AS OFFICIALLY APPROVED BY THE COMMISSION AS OF MARCH 1, 1990.

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

Monies appropriated from fund

SECTION 1. In accordance with the provisions of Article III, Section 36(B)(2) and (3), Constitution of South Carolina, 1895, and Section 11-11-320(C) and (D) of the 1976 Code, there is appropriated from the monies available in the Capital Reserve Fund for fiscal year 1989-90 the following amounts:

(1) (a) Higher Education

Formula Funding 8,641,200

(b) Commission on Higher Education

Cutting Edge 500,000

(c) TEC Equipment 885,000

1.1Of the funds appropriated in

this item for the Cutting

Edge, a minimum of $200,000

must be allocated to the

Palmetto Fellows Scholarship.

(2) Department of Corrections

(a) New Facilities Equipment 780,000

(b) Vehicle Replacement 250,000

(c) FY 90 Personal Service

Shortfall 1,700,000

(3) Department of Education

Textbooks 2,000,000

(4) Wil Lou Gray Opportunity School

Recondition Cooling System 163,646

(5) Tax Commission

Furniture Lease Payment 375,000

(6) School for the Deaf and Blind

Vehicles 50,000

(7) Budget and Control Board -

Financial Data Systems

Mainframe Lease Payment 359,227

(8) Probation, Parole and Pardon

Statewide Data Network 308,500

(9) Budget and Control Board -

State Auditor

Computer Equipment and Printers 66,400

(10) Educational Television

School Reception Equipment 100,000

(11) Wildlife and Marine Resources

Research Vessel Lab Equipment 127,861

TOTAL CAPITAL RESERVE

FUND APPROPRIATION 16,306,834

Allocation of funds

SECTION 2. Of the funds appropriated herein for higher education formula funding, the Commission on Higher Education shall allocate these funds to the state's public colleges and universities and to the State Board for Technical and Comprehensive Education in no other manner than according to the formula for funding higher education as officially approved by the commission as of March 1, 1990.

Time effective

SECTION 3. This act takes effect thirty days after the completion of the 1989-90 fiscal year in accordance with the provisions of Article III, Section 36(B)(3)(a), Constitution of South Carolina, 1895, and Section 11-11-320(D)(1) of the 1976 Code.

Approved the 13th day of June, 1990.