Borrowing for Volvo?
Another debate is coming over when the state should use its credit card.
Ten S.C. legislators will decide whether to issue $123 million in economic development bonds to pay for incentives for Volvo, part of a deal to bring to the Lowcountry a $500 million auto plant that eventually could employ up to 4,000.
However, some legislators are unhappy with the proposal, saying borrowing the money will cost taxpayers $86.8 million in interest. They want instead to use part of a $415 million state surplus to pay for some of the incentives. (9 a.m. / Gressette Room 105)
Body cameras for cops
A joint committee of House and Senate members will meet to settle any disagreements they have on a bill that would require some S.C. law enforcement to wear body cameras. (11 a.m. / State House 3rd Floor Conference Room)
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