S0376: State Institution of Higher Education Efficiency Act

Legislative Summary

Enact The "state Institution Of Higher Education Efficiency Act"; To Amend Title 59 Of The 1976 Code, Relating To Education, By Adding Chapter 157, To Allow The Board Of Trustees Of An Institution Of Higher Education To Establish By Resolution An Auxiliary Division As Part Of The College Or University, To Provide That The Auxiliary Division Is Exempt From Various State Laws, To Require That Certain Permanent Improvement Projects Must Be Submitted To The Joint Bond Review Committee And The Executive Budget Office, To Provide That A Board Of Trustees May Adopt For An Auxiliary Division A Procurement Policy, And To Provide Reporting Requirements; To Amend Section 8-11-260 Of The 1976 Code, Relating To Exemptions From Certain Requirements For State Officers And Employees, To Provide That Employees Of Certain Research Universities And Non-research, Four-year Colleges And Universities Are Exempt; To Amend Section 11-35-710(a)(6) Of The 1976 Code, Relating To Exemptions From The South Carolina Consolidated Procurement Code, To Provide That The State Fiscal Accountability Authority May Exempt Private Gifts, Auxiliary Divisions, And Other Sales And Services; And To Define Necessary Terms.