Legislative Updates

Legislative Update- June 2015

user avatar
WRITTEN BY lclark 3 years ago

Read Time
  • 1,034 VISITS
The 2015 Legislative Session will adjourn at 5 pm tomorrow and legislators will go home without addressing the Chamber’s number one priority –recurring, dedicated funding to address South Carolina’s $42 billion infrastructure funding gap. The Senate Transportation Subcommittee met this morning in Columbia and agreed there is not a consensus on the funding of infrastructure or the structure of SC Department of Transportation.  As a result, the Infrastructure bill will not be brought up for discussion or a vote this year. The House has included $150 million in one-time surplus funding to each County’s Transportation Committees to address county roads.  Road costs are estimated at $1 to $ 2 million per mile, so $150 million will not stretch far on the State’s 41,000 miles of roads and does nothing to address the state’s interstates. As this is written the House and Senate conferees are hammering out the details on the 2015-2016 budget and there is will be a few more million dollars more in the budget for roads as things are finalized. Look for a more detailed summary next week including next steps to address the issue.    
George Rblog 5
comments powered by Disqus
Read Full Artice
Read Full Artice

The Regional Economic Scorecard compares our region to similar markets.

Read Scorecard


© Copyright 2014 Charleston Metro Chamber Of Commerce. All rights reserved.

4500 Leeds Avenue, Suite 100,
North Charleston, SC 29405
Please read our Solicitation Disclosure, Privacy Policy and Member Benefits
WordPress Image Lightbox