South Carolina

State lawmakers passed a continuing resolution, and expect to return to Columbia in September to complete work on a budget for fiscal 2021, which begins July 1.

State lawmakers will return to Columbia for a two-day session that will also determine what to do with embattled state-owned utility Santee Cooper.

South Carolina lawmakers set aside money for the state’s pandemic response but it’s also on hold along with the fiscal 2021 budget.

A judge preliminarily approved a deal to end three lawsuits, but the South Carolina-owned utility still faces federal securities fraud litigation.

The agreement would end current and future litigation by class members over the South Carolina utility’s failed nuclear project.

Benjamin, who is mayor of Columbia, South Carolina, will co-chair the law firm's public finance and affordable housing practices.

SCE&G, and former SCANA executives, violated securities laws while overseeing the defunct V.C. Summer project, the SEC said.

Refundings and taxable deals were also up substantially, driving the region to $75 billion of municipal bond volume, up 32.6% from 2018.

A long-awaited report on options for dealing with the state-owned utility is out.

Gov. Henry McMaster wants to sell the state-owned utility after its nuclear project debacle; a report to lawmakers on bids for Santee Cooper has been delayed.

The South Carolina-owned utility redeemed $360 million as part of a two-year plan to reduce debt and stabilize electric rates for five years.

The Berkeley County School District and its former financial advisors and bond counsel said settlement talks were unsuccessful.

Court filings cite Santee Cooper internal communications that differ markedly from public disclosures about a nuclear power project that went on to fail.

Two Virgin Trains USA deals from Florida helped push the region's volume up 9.8% over last year, making it one of only two regions to sell more bonds.

Political leaders are weighing privatization for Jacksonville, Florida’s JEA and South Carolina’s Santee Cooper.

Mark Bonsall will take over the troubled South Carolina-owned utility and lead its restructuring and reform team.

S&P Global Ratings cut its rating to A from A-plus, and maintained a negative outlook on the South Carolina Public Service Authority.

Lawmakers agreed to get bids for the state-owned utility, although a final decision on a sale won’t be made until 2020.

Motions were filed to dismiss the Berkeley County School lawsuit, which alleges its CFO and finance team schemed to defraud the district.

At the National Federation of Municipal Analysts annual conference, panelists discussed the “elephant in the room” — myths about issuer disclosure.