The South Carolina Chamber of Commerce is calling on the General Assembly to spend at least half of an expected surplus on the state’s infrastructure after a $400 million increase in revenue swelled the state’s coffers.
The chamber said this additional revenue presents a chance to address some needs.
“As the General Assembly debates how to spend this additional $400 million in revenue, it is imperative that a majority of it be allocated to South Carolina’s most pressing need: our state roads and bridges,” Ted Pitts, president and CEO of the South Carolina Chamber of Commerce, said. “The business community started the legislative session hopeful that the General Assembly would achieve a sustainable, comprehensive funding plan for infrastructure. Though not comprehensive or sustainable, this investment would be another step toward bringing our infrastructure to a suitable condition versus doing nothing.”
The South Carolina Chamber of Commerce is the United States’ first state chamber accredited with distinction by the U.S. Chamber. The chamber is South Carolina’s largest statewide broadly based business and industry trade association. The chamber is a facilitator for growing wealth and enriching the state’s global competitiveness.