Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Military Tif Workforce Housing topic
No spam. Unsubscribe anytime.
Subcommittee backs widening military-base TIF to include workforce housing and extend bonding period
Summary
House Bill 3,333 would expand the military base tax-increment financing statute to include workforce housing projects, allow TIF funds to be used outside the TIF boundary, and extend the bonding period from 15 to 35 years; the subcommittee recommended the bill favorably
Columbia, S.C. — Lawmakers on the House Subcommittee on Veterans and Military Affairs voted Wednesday to recommend House Bill 3,333, which would broaden the state’s military base tax increment financing (TIF) statute to allow workforce housing projects and extend the bonding period from 15 to 35 years.
Sponsor Representative Celeste Davis said the measure updates the military-base TIF statute to bring it closer to standard TIF law and to enable housing development that serves both military and civilian workers near installations. "This bill expands projects that can be undertaken in the redevelopment of a federal military installation to include workforce housing projects," Davis said, noting the bill previously passed the House last session 103–0 but died in the Senate on an unrelated amendment.
Support letters in the committee packet included endorsements from Gov. Henry McMaster, Col. Freeman of Joint Base Charleston, and North Charleston Mayor (name in packet). Witnesses from local government and business groups urged a favorable report. Erica Wright of the Municipal Association of South Carolina said the association again supported the measure and requested a favorable report; Bailey Vincent of the Charleston Metro Chamber said Joint Base Charleston sees the bill as supporting base security and efficiency.
Committee members discussed outreach to schools and the cost implications, and sponsor Davis said she expected the fiscal impact to be incremental and planned further conversations with additional local partners. The subcommittee called the question and recorded a unanimous "Aye" vote to send the bill forward.
Next steps: The bill will advance with a favorable recommendation to continue through the legislative process. Proponents said the changes would allow municipalities and base-area partners broader financing flexibility for housing near military installations.
