State House Week

S.C. House Passes FY 20-21 State Budget

Informações:

Synopsis

The state is on its way to having a record state budget. The House of Representatives this week approved next year’s state spending package, and for the first time it totals over $10 Billion . The state’s soaring population coupled with an exceptionally strong economy is leading to larger than expected tax revenues allowing state lawmakers to approve significant spending increases for programs such as education, public safety, and infrastructure. The House budget, now on its way to the Senate would also return some of the tax money to taxpayers, one of Republican Gov. Henry McMaster’s budget priorities.