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Senate committee approves issuance of $120M in bonds for port deepening if needed

COLUMBIA — A Senate committee approved a measure Tuesday that would allow the state to issue $120 million in bonds to deepen the Charleston port if federal funding for the work falls through. “We’re making sure we can tell the world that just in case the federal government doesn’t or can’t fulfill funding, then South [...]

S.C. bill would cover federal share of port project

COLUMBIA — A Senate committee advanced a bill Tuesday allowing South Carolina to borrow $120 million to deepen the Charleston harbor if the federal government doesn’t pony up its share, as legislators seek to supercharge the state’s economic engine and prevent international companies from taking their business elsewhere. The measure approved by the Senate Finance [...]

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