South Carolina General Assembly
117th Session, 2007-2008

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A246, R296, S75

STATUS INFORMATION

General Bill
Sponsors: Senators Ryberg, Bryant and Verdin
Document Path: l:\s-res\wgr\005tuit.dag.doc

Introduced in the Senate on January 9, 2007
Introduced in the House on February 28, 2007
Last Amended on May 21, 2008
Passed by the General Assembly on May 27, 2008
Became law without Governor's signature, June 5, 2008

Summary: Tuition pre-payment program

HISTORY OF LEGISLATIVE ACTIONS

     Date      Body   Action Description with journal page number
-------------------------------------------------------------------------------
  11/29/2006  Senate  Prefiled
  11/29/2006  Senate  Referred to Committee on Education
    1/9/2007          Scrivener's error corrected
    1/9/2007          Scrivener's error corrected
    1/9/2007  Senate  Introduced and read first time SJ-57
    1/9/2007  Senate  Referred to Committee on Education SJ-57
   2/21/2007  Senate  Committee report: Favorable Education SJ-20
   2/22/2007  Senate  Read second time SJ-17
   2/27/2007  Senate  Read third time and sent to House SJ-8
   2/28/2007  House   Introduced and read first time HJ-4
   2/28/2007  House   Referred to Committee on Ways and Means HJ-4
   5/15/2008  House   Committee report: Favorable with amendment Ways and 
                        Means HJ-11
   5/21/2008  House   Amended HJ-33
   5/21/2008  House   Read second time HJ-33
   5/22/2008  House   Read third time and returned to Senate with amendments 
                        HJ-11
   5/27/2008  Senate  Concurred in House amendment and enrolled SJ-33
   5/29/2008          Ratified R 296
    6/5/2008          Became law without Governor's signature
   6/10/2008          Copies available
   6/10/2008          Effective date 07/01/08
   6/13/2008          Act No. 246

View the latest legislative information at the LPITS web site

VERSIONS OF THIS BILL

11/29/2006
1/9/2007
1/9/2007-A
2/21/2007
5/15/2008
5/21/2008


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

(A246, R296, S75)

AN ACT TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-4-110 SO AS TO PROVIDE THAT THE SOUTH CAROLINA TUITION PREPAYMENT PROGRAM MAY NOT ACCEPT NEW PARTICIPANTS UNTIL AUTHORIZED BY THE GENERAL ASSEMBLY, AND THAT THE PROGRAM REMAINS IN OPERATION FOR EXISTING PARTICIPANTS; AND BY ADDING SECTION 59-4-120 SO AS TO PROVIDE THAT AN ANNUAL INCREASE IN TUITION FOR AN INSTITUTION CANNOT EXCEED SEVEN PERCENT PER YEAR FROM FISCAL YEAR 2006-2007, AND TO THE EXTENT THAT IT DOES, THE INSTITUTION SHALL GRANT A WAIVER OF THE DIFFERENCE TO THE DESIGNATED BENEFICIARY.

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

New participants prohibited in South Carolina Tuition Prepayment Program

SECTION    1.    Chapter 4, Title 59 of the 1976 Code is amended by adding:

"Section 59-4-110.    (A)    Notwithstanding another provision of law, the South Carolina Tuition Prepayment Program may not accept new participants until the General Assembly authorizes the program to accept new participants by joint resolution.

(B)    This section does not affect the existing participants in the program, and the South Carolina Tuition Prepayment Program remains in full operation for this purpose."

Tuition increase above seven percent prohibited for participating institutions

SECTION    2.    Chapter 4, Title 59 of the 1976 Code is amended by adding:

"Section 59-4-120.    For purposes of the Tuition Prepayment Program, the annual increase in tuition for an institution cannot exceed seven percent per year from Fiscal Year 2006-2007. To the extent that actual tuition for an institution exceeds an annual growth of seven percent per year, the institution shall grant a waiver of the difference to the designated beneficiary and must not pass along the difference to any student."

Time effective

SECTION    3.    This act takes effect July 1, 2008.

Ratified the 29th day of May, 2008.

Became law without the signature of the Governor -- 6/5/08.

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This web page was last updated on Monday, October 10, 2011 at 1:26 P.M.