Finance Division

Accounting Services

MOVING EXPENSE
Last Update:  10/13/1998
Effective:  1/1/94
Revised:  1/1/00
Review Date: January 1, 2002
Related Procedure

Regulatory Authority: 1998 State Appropriations Act, Section 72.32L, SC Code of Laws 8-11-135, IRS Revenue Code

New Employees

Reimbursement of reasonable relocation expenses for new employees are allowed when such reimbursements are considered necessary to successfully recruit competent faculty and staff. The hiring unit is responsible for identifying the source of funds and establishing the policy for the maximum reimbursement amount allowed for relocation expenses.

Reimbursement will be made upon presentation of adequate expense documentation and approval by the Budget Center official with following exception. A relocation expense in excess of $5,000 must be approved by the appropriate vice-president or at the level of the University Administrative Council.

Existing Employees

Reimbursement of reasonable relocation expenses for existing employees are allowed when their headquarters are moved from one town or place to another town or place in the course of the business of the agency.

Reimbursement will be made upon presentation of adequate expense documentation and approval by the Budget Center official and upon the adequacy of funds.