If the board does not authorize an expenditure proposal then the proposal must be forwarded to the State Fiscal Accountability Authority for consideration. The authority may overturn the decision by the board and authorize the expenditures requested in the proposal if the authority finds that the expenditure proposal meets the standards for approval provided in this chapter.
HISTORY: 2014 Act No. 121 (S.22), Pt VIII, Section 23.B, eff July 1, 2015.
Structure South Carolina Code of Laws
Chapter 65 - South Carolina Federal And Other Funds Oversight Act
Section 2-65-20. Appropriation of anticipated federal and other funds.
Section 2-65-40. Expenditure of "other" funds; authorization; Committee reports.
Section 2-65-50. Estimates of research and student aid funds; reports by board.
Section 2-65-60. Duties of Comptroller General.
Section 2-65-70. Recovery of indirect costs.
Section 2-65-80. Block grants.
Section 2-65-100. Exemption of funds.
Section 2-65-120. Cooperation of state agencies and institutions in implementing chapter.
Section 2-65-130. Consideration of expenditure proposal by Fiscal Accountability Authority.