South Carolina Statutes
§ 2-75-90 — Meeting matching requirement with private or federal funds specifically provided for use in certain areas.
South Carolina·Title 2 GENERAL ASSEMBLY·Ch. 75 SOUTH CAROLINA RESEARCH CENTERS OF ECONOMIC EXCELLENCE
(A)To meet the endowed professorships matching requirement, a research university may use funds specifically provided for use in the areas provided in subsection (B) that are derived from private or federal government sources, excluding state appropriations to the institution, tuition, or fees. Subject to the restrictions in subsection (B), only federal dollars received after July 1, 2003, may be used to meet the endowed professorships matching requirement.
(B)The matching funds in subsection (A) may be used only in the areas of Engineering, Nanotechnology, Biomedical Sciences, Energy Sciences, Environmental Sciences, Information and Management Sciences, and for other sciences and research that create well-paying jobs and enhanced economic opportunities for the people of South Carolina a
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Legislative History
HISTORY: 2004 Act No. 187, SECTION 11, eff March 17, 2004; 2008 Act No. 355, SECTION 5, eff June 25, 2008. Effect of Amendment The 2008 amendment, in subsection (A), in the first sentence deleted the references to paragraphs (B)(4) and (6) of Section 2-75-05.
Nearby Sections
12
§ 2-75-100
Use of matching funds.§ 2-75-20
Ex officio members.§ 2-75-5
Short title; legislative intent.§ 2-75-50
Application requirements; partnering to develop proposals to enhance economic competitiveness.§ 2-75-80
Severability.