The Scholarship Reserve Account
Summary
A BILL TO AMEND THE CODE OF LAWS OF SOUTH CAROLINA, 1976, BY ADDING SECTION 59-150-420 SO AS TO PROVIDE FOR A SCHOLARSHIP RESERVE ACCOUNT, FUNDED BY UNCLAIMED PRIZE MONEY AND SURPLUS FUNDS, FOR THE EXCLUSIVE PURPOSE OF MAINTAINING FUNDING OF CERTAIN SCHOLARSHIPS, GRANTS, AND ASSISTANCES IF CERTIFIED NET LOTTERY PROCEEDS AND INVESTMENT EARNINGS ARE INSUFFICIENT TO FUND THEM AND TO LIMIT THE AMOUNT OF THE RESERVE TO FIVE PERCENT OF THE EDUCATION LOTTERY ACCOUNT REVENUE FOR THE LATEST COMPLETED FISCAL YEAR.
Bill status
in committee
1 of 4 stages cleared
Introduction
Feb 2021
Committee Review
Floor Vote
Governor
Introduced Feb 11, 2021
Last action Feb 11, 2021
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
2
Key actions
0
Committee
1
Feb 11, 2021
House · Referred to committee
Referred to Committee on Ways and Means
Feb 11, 2021
House · Introduced
Introduced and read first time
1 primary · 0 co-sponsors
Sponsors
Role
Legislator
Party
State
District
P
W. Brian White
RRepublican
Ask Maddy
·
AI policy assistant
Ask Maddy about H 3882
Scope: SC
Hi! I can help you understand H 3882. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline