Thursday, January 16, 2014
Charleston, S.C. - Thursday the U.S. Senate overwhelmingly passed the Omnibus appropriations bill, representing a significant event that advances key SC Ports Authority projects.
“As a member of the U.S. Senate Appropriations Committee, Senator Lindsey Graham ensured the omnibus appropriations bill included language to benefit our port system,” said Bill Stern, SCPA Board Chairman. “Senator Graham continues to demonstrate his support for SC Ports and a clear vision for the future competitiveness of South Carolina. There is no question that his leadership has enabled the positive progress of our harbor deepening efforts.”
The bill includes funding for the U.S. Army Corps of Engineers to continue its Feasibility Study of the Post-45 Harbor Deepening project, which expects to receive its Chief's Report in September 2015, as well as construction funds for Charleston that could facilitate the deepening project moving forward without delay upon receipt of the Chief's Report.
Additionally, it contains language pertaining to emerging harbors that could provide opportunities for the Port of Georgetown to compete for maintenance funding to restore its harbor depth.
“Senator Graham recognizes the rich opportunities for South Carolina when our ports remain competitive and invest in the future,” said Jim Newsome, SCPA president and CEO. “He is an incredible advocate for our state, and his efforts in the passage of this bill safeguard the progress of the Ports Authority's key strategic initiatives.”
The bill was passed by the U.S. House of Representatives Wednesday with support of five members of the South Carolina delegation. It now goes to the President's desk for signature.
About the South Carolina Ports Authority
The South Carolina Ports Authority, established by the state's General Assembly in 1942, owns and operates public seaport facilities in Charleston, Georgetown and Greer, handling international commerce valued at more than $63 billion annually while receiving no direct taxpayer subsidy. An economic development engine for the state, port operations facilitate 260,800 jobs across South Carolina and nearly $45 billion in economic activity each year. For more information, visit www.scspa.com
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