Bill Text: SC S0273 | 2017-2018 | 122nd General Assembly | Introduced
Bill Title: Children's Education Endowment Fund
Spectrum: Partisan Bill (Republican 1-0)
Status: (Introduced - Dead) 2017-01-24 - Referred to Committee on Education [S0273 Detail]
Download: South_Carolina-2017-S0273-Introduced.html
A BILL
TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-17-175 SO AS TO ALLOW SCHOOL DISTRICTS AND SPECIAL SCHOOLS TO TRANSFER AND EXPEND CERTAIN FUNDS AMONG APPROPRIATED STATE GENERAL FUND REVENUES, EDUCATION IMPROVEMENT ACT FUNDS, EDUCATION LOTTERY ACT FUNDS, AND FUNDS RECEIVED FROM THE CHILDREN'S EDUCATION ENDOWMENT FUND IN ORDER TO PROVIDE FOR SCHOOL PROTECTION AND SAFETY, INCLUDING RESOURCE OFFICERS, BEGINNING WITH THE 2017-2018 FISCAL YEAR, AND TO PROVIDE FOR RESTRICTIONS ON THE TRANSFER OF THESE FUNDS.
Be it enacted by the General Assembly of the State of South Carolina:
SECTION 1. Chapter 17, Title 59 of the 1976 Code is amended by adding:
"Section 59-17-175. (A) Beginning with the 2017-2018 Fiscal Year, all school districts and special schools of this State may transfer and expend funds among appropriated state general fund revenues, Education Improvement Act funds, Education Lottery Act funds, and funds received from the Children's Education Endowment Fund for school facilities and fixed equipment assistance in order to provide for school protection and safety, including resource officers. However, a school district may not transfer funds allocated specifically for state level maintenance of effort requirements under IDEA, and funds allocated specifically for state level maintenance of effort requirements for federal programs."
SECTION 2. This act takes effect July 1, 2017.
