Current Status Introducing Body:
HouseBill Number: 4467Ratification Number: 319Act Number: 532Primary Sponsor: McTeerType of Legislation: GBSubject: Education funds, reallocation ofCompanion Bill Number: 1344Date Bill Passed both Bodies: Mar 18, 1992Computer Document Number: CYY/18859.SDGovernor's Action: SDate of Governor's Action: Mar 26, 1992Introduced Date: Feb 26, 1992Date of Last Amendment: Mar 10, 1992Last History Body: ------Last History Date: Oct 07, 1992Last History Type: Act No. 532Scope of Legislation: StatewideAll Sponsors: McTeer Rogers Felder J. HarrisType of Legislation: General Bill
Bill Body Date Action Description CMN ---- ------ ------------ ------------------------------ --- 4467 ------ Oct 07, 1992 Act No. 532 4467 ------ Mar 26, 1992 Signed by Governor 4467 ------ Mar 25, 1992 Ratified R 319 4467 House Mar 18, 1992 Concurred in Senate amendment, enrolled for ratification 4467 Senate Mar 11, 1992 Read third time, returned to House with amendment 4467 Senate Mar 10, 1992 Amended, read second time, unanimous consent for third reading on Wednesday, March 11, 1992 4467 Senate Mar 05, 1992 Introduced, read first time, placed on Calendar without reference 4467 House Mar 04, 1992 Read third time, sent to Senate 4467 House Mar 03, 1992 Read second time 4467 House Feb 26, 1992 Introduced, read first time, placed on Calendar without referenceView additional legislative information at the LPITS web site.
AN ACT TO AMEND ACT 171 OF 1991, RELATING TO THE GENERAL APPROPRIATIONS ACT FOR 1991-92, SO AS TO AUTHORIZE CERTAIN REALLOCATIONS FOR A PORTION OF EDUCATION IMPROVEMENT ACT FUNDS ORIGINALLY APPROPRIATED TO THE CAMPUS INCENTIVE PROGRAM.
Whereas, on February 10, 1992, the Board of Economic Advisors further reduced the revenue forecast for fiscal year 1991-92 and estimated a shortfall of $203 million from the appropriation act base; and
Whereas, the General Assembly through adoption of S. 1296 and the Budget and Control Board through actions on February 13, 1992, further reduced the level of expenditure by state agencies by imposing an additional one percent set aside of agency appropriations when a three percent reduction had been previously ordered; and
Whereas, the General Assembly recognizes that these reductions in funding during the fiscal year will severely impact upon the school district's ability to fund their education programs and to maintain the existing teacher salary schedule; and
Whereas, the General Assembly recognizes the extraordinary and austere fiscal condition under which the school districts have been operating this year; and
Whereas, the General Assembly also recognizes that the state's economy is still suffering from the national recession and revenue projection for the fiscal year may still be suspect; and
Whereas, approximately six million dollars of Education Improvement Act funds originally appropriated for the Campus Incentive Program in the 1991-92 General Appropriations Act for school restructuring and monetary rewards for nonteaching faculty have not been allocated to date. Now, therefore,
Be it enacted by the General Assembly of the State of South Carolina:
Reallocation of appropriation
SECTION 1. Paragraph 28.143 of Part I, Section 28 of Act 171 of 1991, is amended by adding at the end:
"Should the guidelines for the Campus Incentive Model not be established by January 1, 1992, the department shall allocate eighty percent of the funds appropriated for the Campus Incentive Model for fiscal year 1991-92, excluding the portion used in the calculation for maintaining the southeastern average teachers salary, to the districts in the same proportion as they receive funds under the Education Finance Act. The districts must use their funds for purposes consistent with the EIA programs. The department shall hold the remaining balance of funds for fiscal year 1991-92 for the Campus Incentive Model until otherwise directed by the General Assembly. No local match is required on these funds."
SECTION 2. This act takes effect upon approval by the Governor.
In the Senate House March 25, 1992.
Nick A. Theodore,
President of the Senate
Robert J. Sheheen,
Speaker of the House of
Approved the 26th day of March, 1992.
Carroll A. Campbell, Jr.,
Printer's Date -- April 6, 1992 -- S.