- Associated Press - Wednesday, April 27, 2016

COLUMBIA, S.C. (AP) - The Latest on the Senate plan to get more money to South Carolina roads (all times local):

7:25 p.m.

The South Carolina Senate has passed a road plan that would borrow around $2 billion over the next decade to repair hundreds of bridges and finish major interstate projects.

Wednesday’s 34-4 vote sends the bill on to the House, where leaders have appeared receptive to the plan.

The proposal uses $200 million in fees and revenue from the sales tax on vehicles to issue bonds. The Department of Transportation says that will also free up to an additional $2 billion that the agency can use to pave roads and meet other needs.

A conference committee that is already dealing with separate House and Senate plans to change how the DOT runs will likely add the funding proposal for one big roads bill.

___

3:40 p.m.

House leaders like a bill being considered by the Senate that would borrow about $2 billion for a decade of highway projects and bridge replacement in South Carolina.

The Senate may give final approval to the bill Wednesday. The proposal uses $200 million in fees and other revenue to borrow $2 billion.

The Department of Transportation would use that money to fix all the state’s load-restricted bridges and 51 structurally deficient bridges on major highways. It also would expand interstates and fix bottlenecked interstate intersections.

Rep. Gary Simrill says the Senate proposal will give lawmakers time to find a more permanent funding source for roads.

A conference committee also met Wednesday and is considering eventually combining the funding bill with a bill changing how the DOT is run.

LOAD COMMENTS ()

 

Click to Read More

Click to Hide