Clemson University

Lawmakers approve increase in athletic debt ceiling

Following the lead of the state Senate, the House of Representatives voted today to override Gov. Mark Sanford’s veto of a bill that will allow the USC and Clemson athletic departments to borrow more money for facilities.

By a vote of 98-7, House members approved the measure that will increase the debt ceiling from $60 million to $200 million on athletic revenue bonds. USC athletics director Eric Hyman viewed the legislation as critical to the success of the $200 million, long-range facilities plan that he unveiled last year.

Sanford is concerned that the higher ceiling will result in higher tuition costs in the form of increased student fees.

The Senate overrode the Sanford veto last week in a 32-4 vote.

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