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Category Archives: Incentives
Guv’s Office, Commerce Can’t Produce Job-Creation Records
In an interview on Dec. 15, Gov. Nikki Haley told a reporter with The State newspaper, “I sleep, eat and breathe jobs every day.” On Wednesday, she told lawmakers in her state-of-the-state address that South Carolina was “surging,” pointing to … Continue reading
State Loses Money on Film Incentives, Study Says
A new study confirms an old conclusion about state incentives for the film and TV industry: The subsidies are a bad deal for South Carolina taxpayers. “For every $100 spent on (such) rebates, $31 came back in the form of … Continue reading
Boeing Not a ‘Public Body,’ Federal Judge Rules
Despite receiving hundreds of millions of dollars in taxpayer-backed incentives from South Carolina, aerospace giant Boeing is not a public body under the state’s whistleblower law, a federal judge has ruled. That’s mainly because the Chicago-based company “satisfies” a condition … Continue reading
Japan Trips, Other Taxpayer-Funded Freebies Offered to Bridgestone
Over the next several years, as many as 200 new employees at the expanding Bridgestone plant site in Aiken County will be flown to Japan, where the international tire manufacturer is headquartered, according to a state incentives agreement obtained by … Continue reading
End of the Road for I-95 Corridor Authority?
A legislative showdown is brewing over an S.C. Senate bill that would create another state agency whose purported goal is to improve economic conditions in historically poor, rural counties along Interstate 95. The bill (S. 211) creating the “I-95 Corridor … Continue reading
Bill Would Put More Teeth, Transparency in Incentives Deals
If you ask S.C. Rep. Thad Viers, he’ll tell you that it was mainly for philosophical reasons that he voted earlier this year against offering a controversial state sales-tax collection exemption to Internet retail giant Amazon.com. “My philosophy is that I … Continue reading
Additional Details of SCRA Lending Revealed; Legality in Question
Some South Carolina banks have had a tough go over the past few years. Hit hard by the ongoing economic downturn, no fewer than seven state financial institutions have been closed by regulators since 2009, while several others have been … Continue reading
Posted in Accountability, Economic Development, Incentives, SCRA, State Agencies, Transparency
Tagged Bill Mahoney, Bill Masters, IT-oLogy, Proterra, S.C. Research Authority, Trulite
5 Comments
Legislators Exempt Themselves from Sunshine Law They Created
When it comes to releasing public emails and other internal communications, the governor’s office isn’t the only place that likes to play secrecy games. In fact, for more than 30 years, state law has shielded the S.C. General Assembly from releasing documents … Continue reading
Posted in Accountability, Boeing, General Assembly, Incentives, Legislation, Transparency
Tagged Boeing, House Speaker Bobby Harrell, open-records laws, Sen. Hugh Leatherman, South Carolina Freedom of Information Act, South Carolina Press Association, The Reporters Committee for Freedom of the Press
1 Comment
Boeing: A Public Body, Lawsuit Contends
Boeing is a public body under South Carolina law because the aerospace giant has received “large sums of public money” from the Palmetto State, a former Boeing engineer contends in a wrongful discharge lawsuit pending in a Charleston federal court. John Woods, … Continue reading
State, Local Subsidies Benefit Wal-Mart in South Carolina
Attention South Carolina taxpayers – with Wal-Mart planning to build, expand or relocate “dozens” of stores in the Palmetto State, here’s something to keep in mind: The capacity for Wal-Mart to offer the company’s famously “always low prices” is enhanced, … Continue reading
Posted in Incentives
Tagged Bill Simon, Good Jobs First, Gov. Nikki Haley, Hugh Weathers, Wal-Mart
3 Comments
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