The bill, S. 388, is a joint resolution introduced in the South Carolina Senate to approve the regulations of the State Commission on Higher Education concerning the Palmetto Fellows Scholarship Program, specifically designated as Regulation Document Number 5322. The resolution confirms that the proposed revisions to the existing regulations, which include updates to policies and procedures for administering the scholarship program, are approved by the General Assembly. These revisions aim to clarify the program's administration and reflect recent legislative changes, including the passage of Act 156 of 2024, which allows for the awarding of scholarship enhancements to students enrolled in approved STEM and Education Degree programs.

Additionally, the proposed amendments include updates to definitions and minor language changes to ensure consistency within the regulations. The joint resolution will take effect upon approval by the Governor, and it requires legislative review as part of the regulatory process. A Notice of Drafting for these changes was published in the State Register on May 24, 2024.