Tax reform committee to meet Sept. 13
The ad hoc House committee on tax reform will meet for its second meeting at 11 a.m., Sept. 13, and likely will hear from state agencies on the impact of various tax reform alternatives. The meeting will be in the Blatt building on the Statehouse grounds.
On Aug. 30, the committee met and heard about the state’s General Fund from Frank Rainwater, executive director of the S.C. Revenue and Fiscal Affairs Office, and from economist Rebecca Gunnlaugsson on fiscal stability in the Palmetto State.
- You can keep up with tax reform dates and documents via this webpage.
- Read our recent news story on what the committee is trying to accomplish.
CHE wakes up, smelling the coffee (and maybe its political future)
Looks like the folks at the state Commission on Higher Education [CHE] have woken up after reports of alleged excessive spending by boards of trustees at the state’s three research universities.
The CHE on Thursday voted unanimously to request an audit of the Medical University of South Carolina and the University of South Carolina “in the wake of recent reports centering around spending by certain members of the MUSC Board of Trustees, reports that the MUSC Board of Trustees had been previously warned about inappropriate spending, and additional reports of questionable expenses by other research sector boards,” according to a Thursday night news release.
“In an environment of skyrocketing costs and runaway spending in higher education, the timing of this news article could not be worse,” said CHE Chairman Tim Hofferth. “CHE’s responsibility is to protect the students, families, and taxpayers of South Carolina. In order to properly address this situation, the first step is to be proactive in trying to find the facts. Once that occurs, we will determine what the appropriate course of action will be.”
Suggestion to CHE: Audit all public colleges and universities, not just the big three.
We Can Do Better, South Carolina!