Subcommittee pauses bill that would limit municipal alternative financing, adopts narrower misconduct language After hours of testimony from municipal officials, bond counsel and county representatives, the subcommittee adopted an amendment narrowing misconduct language in House Bill 891 and voted to carry the bill over for further study of fiscal and legal impacts.

A South Carolina subcommittee has paused a controversial bill that could limit municipalities' access to vital financing tools, sparking a heated debate among local officials and bond experts.

Read the full story

#SC #SouthCarolinaMunicipalities #CitizenPortal #LocalFinancing