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How SC lawmakers plan to spend $2.5B from American Rescue Plan

By February 22, 2022February 23rd, 2022No Comments

Source: WCSC Live 5 News


CHARLESTON, S.C. (WCSC) – One of South Carolina lawmakers’ top tasks this legislative session has been deciding what to do with an unprecedented amount of money in their control.

For months, lawmakers have been hearing pitches and proposals on how to spend the state’s $2.5 billion allocation from the American Rescue Plan Act, the $2 trillion pandemic stimulus package President Joe Biden signed into law last spring.

Both the Senate and House of Representatives have recently passed bills to allocate this money, and each piece of legislation has headed to the opposite chamber for its consideration. Legislators will next need to come to a compromise on one final spending package to send to Gov. Henry McMaster for his signature.

“Investing this money wisely can trigger a transformation for communities across South Carolina for generations to come,” Sen. Harvey Peeler, R – Cherokee and Senate Finance Committee chair, said.

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