SC Legislative Update – 11.16.23
SC Legislative Update By Ben Homeyer Funding update for SC  The South Carolina Board of Economic Advisors (BEA) issued updated forecasts for the current fiscal year, FY 2023-24 (FY 24), and following year, FY 2024-25 (FY 25), at its meeting Thursday, November 16, 2023. For FY 24, the BEA increased its estimate by $426.8 million...
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SC Legislative Update – 11.2.23
SC Legislative Update By Ben Homeyer On Thursday, November 2, we spent the day at the SCFOR Annual Meeting in Columbia. The meeting brings together SCDOT leadership, SC lawmakers and a multitude of stakeholders in all things related to the condition, construction, reliability, and efficiency of our states transportation system.  SCDOT Commissioner Christy Hall reported...
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SC Legislative Update – 10.16.23
SC Legislative Update By Ben Homeyer Elections are already heating up.  Six months before the filing even opens, sitting members of the Senate are already drawing opposition. Senators Sandy Senn, Penry Gustafson, Ronnie Cromer, Sean Bennett, Mike Fanning, and Luke Rankin already have announced their opposition.  Senate Republicans are meeting December 13-15 to discuss the...
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SC Legislative Update – 9.15.23
SC Legislative Update By Ben Homeyer Updated budget number from the BEA Workforce development was a hot topic this week.  Governor McMaster held a press conference to announce the continuation of the technical college tuition program.  Governor Henry McMaster and the South Carolina Technical College System today announced that 32,426 South Carolinians have earned an industry...
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SC Legislative Update – 9.4.23
SC Legislative Update By Ben Homeyer Updated budget number from the BEA For context, here’s a reminder of what Legislators had to appropriate last year: FY23-24 – One time: GF Surplus – $3,300,000,000 – after backing out $1.3B in CASH for Scout Motors, it’s a net $2,000,000,000 CRF – $210,000,000 Total One-time (net of Scout):...
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