Bill to borrow $2 billion for SC roads going to House floor

COLUMBIA, S.C. (AP) — A bill that would allow South Carolina to borrow more than $2 billion for bridge repairs and interstate expansion is heading to the House floor.

The House Ways and Means Committee unanimously approved a bill Wednesday that combines new money passed by the Senate with changes in how the board that runs the state Department of Transportation is appointed.

Committee Chairman Brian White says he hopes the House will take up the bill early next week. He says there aren’t too many changes, so he hopes senators can get something done before the legislative session ends June 2.

The bill uses $200 million in fees and sales tax on vehicles to borrow $2 billion over 10 years. The DOT says it can use other money to repave secondary roads.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s