SC House passes bill to remove Santee Cooper board, initiate stu - wistv.com - Columbia, South Carolina

OTHER

SC House passes bill to remove Santee Cooper board, initiate study of state-owned utility

(Source: Florencebballer/Wikimedia Commons) (Source: Florencebballer/Wikimedia Commons)
COLUMBIA, SC (WIS) -

The South Carolina State House of Representatives passed a bill that would remove Santee Cooper's Board of Directors and set up a committee to study the sale of the state-run utility. 

The bill, which passed 104-7 on Tuesday will now go to the State Senate for a vote. 

Governor Henry McMaster released a statement in favor of the bill's passage, saying: 

Santee Cooper is saddled with $8 billion dollars in debt - $4.3 billion of it comes from the failed VC Summer project. The leadership of this rogue agency has demonstrated on numerous occasions that their interest lies in protecting their own jobs rather than protecting their own ratepayers. 

As I have stated before — the only feasible solution to protect ratepayers from shouldering this debt is the sale of Santee Cooper.

Speaker Lucas and the House of Representatives have shown tremendous leadership in their efforts to protect the ratepayers of our state. This legislation will allow the future of Santee Cooper to be objectively determined through a transparent and accountable process that places the interests of taxpayers and ratepayers first. 

I applaud the House for taking this historic first step and urge the Senate to pass it without delay.

Check back for more updates. 

Copyright 2018 WIS. All rights reserved. 

  • South Carolina news on WIStv.comNEWSMore>>

  • Confusion swirls on border after Trump reversal on families

    Confusion swirls on border after Trump reversal on families

    Friday, June 22 2018 6:06 AM EDT2018-06-22 10:06:01 GMT
    Friday, June 22 2018 4:25 PM EDT2018-06-22 20:25:34 GMT
    (AP Photo/David J. Phillip). Jesus Funes, 19-months, cries as his mother, Diva Funes, both immigrants from Honduras, holds him after being escorted back to Reynosa, Mexico, Thursday, June 21, 2018. The family, who was seeking asylum, said they were tol...(AP Photo/David J. Phillip). Jesus Funes, 19-months, cries as his mother, Diva Funes, both immigrants from Honduras, holds him after being escorted back to Reynosa, Mexico, Thursday, June 21, 2018. The family, who was seeking asylum, said they were tol...

    About 500 of the more than 2,300 children separated from their families at the border have been reunited since May, a senior Trump administration official says.

    More >>

    About 500 of the more than 2,300 children separated from their families at the border have been reunited since May, a senior Trump administration official says.

    More >>
  • At least 3 "tender age" shelters set up for child migrants

    At least 3 "tender age" shelters set up for child migrants

    Tuesday, June 19 2018 9:12 PM EDT2018-06-20 01:12:25 GMT
    Friday, June 22 2018 4:24 PM EDT2018-06-22 20:24:57 GMT
    Nicole Hernandez, of the Mexican state of Guerrero, holds on to her mother as they wait with other families to request political asylum in the United States, across the border in Tijuana, Mexico, on Wednesday, June 13, 2018. (AP Photo/Gregory Bull)Nicole Hernandez, of the Mexican state of Guerrero, holds on to her mother as they wait with other families to request political asylum in the United States, across the border in Tijuana, Mexico, on Wednesday, June 13, 2018. (AP Photo/Gregory Bull)

    Migrant babies and young children are being held in special "tender age" shelters after being taken from their parents at the US-Mexico border.

    More >>

    Migrant babies and young children are being held in special "tender age" shelters after being taken from their parents at the US-Mexico border.

    More >>
  • Trump stands firm on immigration policy, sees it as a winner

    Trump stands firm on immigration policy, sees it as a winner

    Wednesday, June 20 2018 1:21 AM EDT2018-06-20 05:21:15 GMT
    Friday, June 22 2018 4:24 PM EDT2018-06-22 20:24:18 GMT
    (AP Photo/Alex Brandon). President Donald Trump speaks in the Hall of Columns as he arrives on Capitol Hill in Washington, Tuesday, June 19, 2018, to rally Republicans around a GOP immigration bill.(AP Photo/Alex Brandon). President Donald Trump speaks in the Hall of Columns as he arrives on Capitol Hill in Washington, Tuesday, June 19, 2018, to rally Republicans around a GOP immigration bill.

    Trump sees his immigration policy as a winner with voters ahead of midterm elections in spite of controversy over separating children and parents.

    More >>

    Trump sees his immigration policy as a winner with voters ahead of midterm elections in spite of controversy over separating children and parents.

    More >>
Powered by Frankly