South Carolina Senate Bill 1245

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Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on April 9 2024 - 25% progression
Action: 2024-04-09 - Referred to Committee on Education
Pending: Senate Education Committee
Text: Latest bill text (Introduced) [HTML]

Amend The South Carolina Code Of Laws By Adding Article 9 To Chapter 101, Title 59 So As To Define Necessary Terms; To Provide That Participating Institutions In This State Shall Annually Award A Stipend To A Student Athlete Who Participates In An Intercollegiate Sport And Maintains Good Academic Standing During The Previous Year And To Provide Conditions For The Receipt Of Stipends; To Provide That An Athlete May Only Receive One Stipend; To Provide That All Stipends Are Financial Aid; To Provide That Participating Institutions Provide Complete Accounting Of The Stipends; By Adding Article 10 To Chapter 101, Title 59 So As To Define Necessary Terms; To Provide That Participating Institutions Shall Create A Student Athlete Trust Fund And Fund The Trust With A Percentage Of The Intercollegiate Sport Gross Revenue; To Provide That Five Thousand Dollars Will Be Deposited Into The Fund On A Student Athlete's Behalf For Each Year That He Maintains Good Academic Standing, And To Provide That The Total Trust Fund Amount May Not Exceed Twenty-five Thousand Dollars Per Student Athlete; To Provide That A Participating Institution Shall Provide A One-time Payment To Each Student Athlete After The Fulfillment Of Certain Requirements; To Provide That An Athlete May Only Receive One Payment; To Provide That All Payments Are Financial Aid; And To Provide That Participating Institutions Provide Complete Accounting Of The Payments.

Student Athlete Stipends

Sen. Deon Tedder [D]

Date	Chamber	Action
2024-04-09	Senate	Referred to Committee on Education
2024-04-09	Senate	Introduced and read first time

S0306 (Similar To) 2023-02-09 - Scrivener's error corrected

Type	Source
Summary	https://www.scstatehouse.gov/billsearch.php?billnumbers=1245&session=125&summary=B
Text	https://www.scstatehouse.gov/sess125_2023-2024/prever/1245_20240409.htm