South Carolina General Assembly
112th Session, 1997-1998

Bill 368


Indicates Matter Stricken
Indicates New Matter


                    Current Status

Bill Number:                       368
Type of Legislation:               Joint Resolution JR
Introducing Body:                  Senate
Introduced Date:                   19970212
Primary Sponsor:                   Education Committee SED
                                   04
All Sponsors:                      Education Committee
Drafted Document Number:           gjk\20039ac.97
Companion Bill Number:             3479
Residing Body:                     House
Date Tabled:                       19970521
Current Committee:                 Education and Public Works
                                   Committee 21 HEPW
Subject:                           Regulation No. 1995, Education
                                   Board, Accounting and reporting
                                   inventories, repeal



History


Body    Date      Action Description                       Com     Leg Involved
______  ________  _______________________________________  _______ ____________

House   19970521  Tabled in Committee                      21 HEPW
House   19970218  Introduced, read first time,             21 HEPW
                  referred to Committee
Senate  19970214  Read third time, sent to House
Senate  19970213  Read second time, unanimous
                  consent for third reading on
                  Friday, 19970214
Senate  19970212  Introduced, read first time,
                  placed on Calendar without reference

View additional legislative information at the LPITS web site.


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

INTRODUCED

February 12, 1997

S. 368

Introduced by Education Committee

S. Printed 2/12/97--S.

Read the first time February 12, 1997.

A JOINT RESOLUTION

TO APPROVE REGULATIONS OF THE STATE BOARD OF EDUCATION, RELATING TO ACCOUNTING AND REPORTING INVENTORIES (REPEAL), DESIGNATED AS REGULATION DOCUMENT NUMBER 1995, 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 State Board of Education, relating to Accounting and Reporting Inventories (Repeal), designated as Regulation Document Number 1995, 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.

The repeal of Regulation 43-174, Accounting and Reporting Inventories, will allow the State Board of Education to eliminate unnecessary regulations where possible. This regulation requires that school districts maintain accurate inventory records of all equipment and real property. Necessary criteria in this regulation will be addressed in amended Regulation 43-172, Accounting and Reporting.

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