By Liz Segrist
Published April 11, 2013
Gov. Nikki Haley proposed Thursday the creation of an infrastructure pool to fund repairs and improvements for state roads.
“Why are we waiting for one of those thousands of deficient bridges with a school bus on it to break before we do something about it?”
— Gov. Nikki Haley
Funding infrastructure is crucial to continue economic development and recruitment efforts for South Carolina, she said. Haley proposed that 100% of the gas tax go toward roads and infrastructure, rather than the current 80%. The S.C. gas tax is the third lowest in the nation at 16.8 cents per gallon, according to the Tax Foundation.
She also advocated that all of excess money from the budget each year should go toward the infrastructure pool. She said she would support a bill in the House that aims to use the sales tax of vehicles to fund infrastructure.
As for raising the gas tax, Haley said it shouldn’t be a consideration until both 100% of the gas tax goes toward infrastructure and an infrastructure pool is created.
“So many say we don’t have enough money, but we had $300 million to put into the ports last year, you can find more money,” Haley said. “Right now, we have the money. It’s a matter of making sure the money goes to the right places.”
To read more coverage from the GADC luncheon, click here.