MORNING BUZZ: SC lawmakers weigh body cameras and borrowing for Volvo
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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This story was originally published June 3, 2015 at 7:21 AM.