Local And Job Development Incentives Pass S.C. General Assembly

Friday, November 23, 2018

In overriding a veto by Governor Henry McMaster, the South Carolina General Assembly voted to expand economic development credits aimed at recruiting professional services and office jobs, as well as support our local agriculture industry. This bill was the South Carolina Economic Developer’s Association’s (SCEDA) number one priority legislation for the 2017-2018 Legislative Session.

“These important enhancements will add another arrow into our economic developers’ quiver when it comes to attracting professional jobs to South Carolina and supporting our local agriculture industry,” said Mark Warner, SCEDA president and vice president of business development and marketing at Davis & Floyd. “We are grateful for the action of our South Carolina lawmakers and economic development professionals across our state who answered our call to action.”

SCEDA members worked over the past two years to promote these changes. Targeting the agriculture industry and high-paying professional jobs will benefit people across South Carolina, from urban to rural areas.

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“Birmingham Landmarks, Inc. certainly made the right decision in selecting NCDS to raise the $7 million needed to fully restore our sadly dilapidated and abandoned former vaudeville theatre in downtown Birmingham.  Your firm provided the wisdom and experience to position the project as worthy of support, then structured a winning campaign that was creative, energizing, and relentless in pursuit of the goal.  We were especially appreciative of your flexibility relative to our early cash flow issues, and even more so in the selection of the assigned NCDS Project Executive.  Because of the success and momentum of your phase of this exceptional campaign, the Lyric staff was able to continue seeking commitments utilizing tax credits, and the total raised now exceeds $11.8 million.  Thanks to NCDS, Birmingham can boast of having one of the most spectacularly restored performing arts theaters in America.”

Brant Beene, Executive Director • Birmingham Landmarks, Inc.

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