The SC House and Senate are currently in a budget battle and one of the points of contention is $5 million for Interstate 73. The $5 million for the Interstate is found within the House budget; however, in the Senate's version, the funding was removed.
It is not said what the $5 million would be applied to.
UPDATE: The $5 million would go to the state infrastructure bank to assist in planning. State Representative Tracy Edge hopes to up the state's funding committment for I-73 and 74 to $5 million/year vs. the annual one million dollars allocated for the past four years. Edge claims that the Infrastructure Bank could finance $50 million for each project. He also said that the $5 million was allocated to speed up fulfilling the state's share for constructing both Interstates.
Progress on the budget is currently stalled as the House wants the Senate to pass a DOT reform bill. The reform bill is currently being filibustered by Sen. John Land (D-Manning). The issue has been over who should appoint the governing board and director. Also, there is debate on the structure of the board.
Story: Budget talks make no progress ---Myrtle Beach Sun News
Also: Horry Excels in House Budget ---SC Rep. Tracy Edge
It is not said what the $5 million would be applied to.
UPDATE: The $5 million would go to the state infrastructure bank to assist in planning. State Representative Tracy Edge hopes to up the state's funding committment for I-73 and 74 to $5 million/year vs. the annual one million dollars allocated for the past four years. Edge claims that the Infrastructure Bank could finance $50 million for each project. He also said that the $5 million was allocated to speed up fulfilling the state's share for constructing both Interstates.
Progress on the budget is currently stalled as the House wants the Senate to pass a DOT reform bill. The reform bill is currently being filibustered by Sen. John Land (D-Manning). The issue has been over who should appoint the governing board and director. Also, there is debate on the structure of the board.
Story: Budget talks make no progress ---Myrtle Beach Sun News
Also: Horry Excels in House Budget ---SC Rep. Tracy Edge
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