State Infrastructure Bank reports $7.1 billion in projects, says it has no new budget request

Jan 20, 2026

Charles Cannon, COO of the State Infrastructure Bank, told the House Ways and Means subcommittee the bank has supported more than $7.1 billion in infrastructure improvements and has 15 active projects; the bank said it has no new budget request this year and runs a lean operation.

The full story

Charles Cannon, chief operating officer of the South Carolina State Infrastructure Bank (SIB), told the House Ways and Means Transportation and Regulatory Budget Subcommittee that the SIB has helped finance more than $7.1 billion in infrastructure improvements since 1997 and currently oversees about 15 active projects across multiple counties.

Free newsletter

Sign up to keep reading.

Your free newsletter brings you what your city council, county, and school board discussed and decided.

or
Already have an account? Sign in