USA: SC House of Representatives Amends Budget

Yesterday, the SC House of Representatives adopted its amendment to the FY2012-2013 state spending plan in preparation for the budget being sent to a joint House/Senate Conference Committee to be finalized.

The House returned the spending back to the core of the original version unanimously adopted by the House in March and addressed a few additional items – fully funds the Small Business Income Tax Cut (4 years ahead of schedule), fully funds the Port of Charleston Harbor Deepening Reserve Fund, gives law enforcement officers and teachers pay raises all while coming in under spending caps supported by both the House and the Governor.

House Speaker Bobby Harrell issued this statement about the budget amendment:

“This is a solid, fiscally conservative, balanced spending plan that limits government growth while responsibly planning for our state’s economic future. Coming in well below proposed spending caps, this budget provides $700 million in tax relief, funds education in the classroom, pays down state debt and fully funds the Harbor deepening project that will keep our state competitive. We worked hard to protect our state’s taxpayers and limit government growth by focusing on core functions of government.

“Chairman Brian White and the rest of the Ways & Means Committee did an excellent job of working with House Members on a budget that received unanimous approval back in March. The House’s amended budget shows South Carolinians that we are serious about making sure our state stays competitive and helping our small businesses create jobs. The Ways & Means Committee and the Members of the House have produced a plan that we can firmly stand behind as we head into the budget conference committee.”

Dredging Today Staff, June 7, 2012;

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3rd International Congress Hydraulic Engineering Structures and Dredging

Russia’s leading maritime industry Media Group PortNews (www.portnews.ru) holds a traditional annual Congress “Hydraulic Engineering Structures and Dredging” in Moscow. 

The two-day Congress includes the 7th International Forum of Dredging Companies and the 3rd Technical Conference “Modern Solutions for Hydraulic Engineering”.

Infrastructure development is among the real sources of Russia’s economy growth. Construction of port facilities and new hydraulic engineering structures on the country’s inland waterways constitute an essential part of all infrastructure projects. It is important to take into account the best international practices to implement these projects effectively.

The program of the Congress will be devoted to the latest technologies for dredging and hydraulic engineering works. Speakers and delegates will refer to real projects to discuss specifics features of dredging works, as well as dedicated fleet and equipment involved.

To learn more about event, please, contact the organizing committee: snitko@portnews.ru

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National Marine Dredging Company “NMDC” aims to be the largest dredging player in the Arab’s Gulf region...

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