Carolinas AGC-Supported Highway Funding Bill Will Spur Job Growth

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The Carolinas AGC is seeking support of highway funding bill H3412 in the SC Senate. The Senate Finance committee recently passed a $1.3 billion dollar funding proposal to address the state’s road needs. The plan is the most comprehensive road plan that has been put forward in years and it addresses the funding needs in several different ways: indexing, local option sales tax (which provides funding to all 46 counties in the state), bonding, and fee increases. CAGC says, “The needs are so great because the legislature has ignored our crumbling roads for way too long. Thus, multiple revenue streams are needed in order to start addressing the problem. Allowing the legislature to continue to ignore the road funding needs of this state should be unacceptable to our businesses and to the public who use the roads daily.”

There are only a few weeks left in this legislative session. “If the Senate does not act now,” say CAGC, “we will lose the opportunity to have this plan discussed, by all of the members of the Senate, on the Senate floor.”

“Investing roads means an investment in jobs,” said CAGC. The association determined that a $1 billion investment in roads creates 30,000 jobs. The passage of H. 3412 would equal over 150,000 jobs for the state. Read More