Response to Governor Haley's Infrastructure Announcement
February 14, 2013
Based upon strong revenue collections to date, the S.C. Board of Economic Advisors (BEA) will likely raise its revenue estimate and recognize a significant amount of new money - likely close to $100 million. Governor Nikki Haley is urging lawmakers to dedicate these new dollars towards the state’s infrastructure. The following statement may be attributed to Otis Rawl, president and chief executive officer of the South Carolina Chamber of Commerce:
“Governor Haley has continued to outline infrastructure as a top priority this legislative session because she understands the link between reliable roads and bridges and economic development. Other states that South Carolina directly competes with for jobs and capital investment are addressing their infrastructure needs, and South Carolina’s business community urges the General Assembly to make infrastructure financing a top priority in 2013.
Allocating close to $100 million in one-time new money is a good first step in addressing the state’s infrastructure crisis, and we commend Governor Haley for again being proactive in working to create a climate that will foster economic development.”
The South Carolina Chamber of Commerce, the nation’s first state chamber Accredited with Distinction by the U.S. Chamber, is the state’s largest statewide broad-based business and industry trade association representing more than 18,000 businesses and more than one million employees, with 90 percent of membership comprised of small businesses. As the unified voice for business and industry, the Chamber is a catalyst for increasing wealth and enhancing the state’s global competitiveness in order to improve the quality of life for all South Carolinians.