S.C. Code of Laws
Pursuant to § 23-47-65(1)(b), the responsibility of RFA is to hold and distribute not more than fifty eight and two tenths percent (58.2%) of the total monthly revenues in the interest bearing account solely for the purposes of complying with applicable requirements of FCC Docket Number 94 102. These funds may be utilized by the PSAP and the CMRS providers licensed to do business in this state for the following purposes in connection with compliance with the FCC requirements: upgrading, acquiring, maintaining, programming, and installing necessary data, hardware, and software. Invoices detailing specific expenses for these purposes must be presented to the board in connection with any request for reimbursement, and the request may be approved by the board, upon recommendation of the committee. Any invoices presented to the board for reimbursements of costs not described by this section may be approved only by a unanimous vote of the committee, but in no event shall reimbursement be made for costs unrelated to compliance with applicable requirements of FCC Docket Number 94 102.