Conservation Bank bill stripped of safeguards
April 19, 2010
By Sarita Chourey
Bluffton Today
COLUMBIA — House lawmakers have gutted a bill that would have spared the S.C. Conservation Bank from having its funding cut off in the event that most state agencies suffered budget cuts.
Currently the Conservation Bank, which purchases land from private owners or negotiates easements in order to preserve it, loses its funding from property-deed recording fees, if budget cuts affect half of all state agencies. Read the full article.
