South Carolina House Bill 3546 (Prior Session Legislation)

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on February 10 2015 - 25% progression, died in committee
Action: 2015-02-10 - Referred to Committee on Education and Public Works
Pending: House Education and Public Works Committee
Text: Latest bill text (Introduced) [HTML]

Provide That Participating Institutions In This State Shall Create A Student Athlete Trust Fund And Fund The Trust With A Percentage Of The Intercollegiate Sport Gross Revenue Generated From Certain Sources, To Provide That For Each Year A Student Athlete Maintains Good Academic Standing, Five Thousand Dollars Will Be Deposited Into The Fund On His Behalf And The Total Trust Fund Amount May Not Exceed Twenty-five Thousand Dollars For Each Student Athlete; To Provide That After Fulfillment Of All Academic Requirements For Graduation And Completion Of A State-approved Financial Literacy Course, The Participating Institution Shall Provide A One-time Payment To Each Student Athlete In The Full Amount Deposited In The Fund On Their Behalf, To Provide Conditions For Receipt Of The Trust Fund Payment, And To Define Necessary Terms.

Student Athlete Trust Fund

Rep. Justin Bamberg [D]

Date	Chamber	Action
2015-02-10	House	Referred to Committee on Education and Public Works
2015-02-10	House	Introduced and read first time

S0171 (Similar To) 2015-01-13 - Referred to Committee on Education

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=3546&session=121&summary=B
Text	https://www.scstatehouse.gov/sess121_2015-2016/prever/3546_20150210.htm