In the final hours of this year’s session of the state legislature, Senate yesterday passed an economic incentives bill aimed at persuading the NFL’s Carolina Panthers to move it's headquarters and practice facilities from Charlotte to Rock Hill. A $250 Million investment for York County. Rock Hill Senator Wes Climer told the Senate it’s a huge win for the state's economy.
Senators opposed to the tax credits, including both the Republican and Democratic Senate leaders were concerned that the proposed benefits to the state were too sketchy for the state to approve some $115 Million worth of tax breaks. The Panthers resolution had already passed in the House of Representatives.
Lawmakers left lots of un-finished business when they left town Thursday night. Two major issues, a public education improvement bill and deciding on the future of Santee Cooper remain to be resolved and next year’s $9 Billion state budget package hasn’t been finalized.