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Conference reviews provision to fund due diligence on Jasper Ocean Terminal negotiations
Summary
A Senate proviso would allocate funds from the Jasper Ocean Terminal Fund to support professional services and due diligence related to potential negotiations and logistics development.
The conference committee considered a Senate proviso authorizing up to $2,000,000 from the Jasper Ocean Terminal Fund to be distributed to the South Carolina Regional Development Alliance and the Ports Authority for professional services supporting potential negotiations with Georgia's ports authority on Jasper Ocean Terminal infrastructure. The Senate amended the proviso to narrow the scope to a specific logistics site development (Track 12A), reduced the allocation to $1,800,000 to reflect available funds and emphasized resolving property encumbrances and ownership issues to enable construction of port‑serving warehouse and cold storage facilities.
The proviso requires prior approval from Commerce and directs SCRDA to report findings and recommendations to state leadership. The House amendment updated the fiscal year reference. The committee carried the item for further negotiation; no final conference vote or transfer occurred during the session.
Staff emphasized that funds would support due diligence, professional services and property issue resolution; the item was carried over for conference reconciliation.
