Haley signs highway funding bill

File Photo (WCIV)

By JEFFREY COLLINSAssociated Press

COLUMBIA, S.C. (AP) - South Carolina Gov. Nikki Haley has signed a bill she says could raise up to $1 billion to improve the state's roads and bridges.

The bill uses borrowing, new revenue and money from the state's sales tax on vehicles for highways.

Haley said Monday she would not have supported the measure if it raised the gas tax.

The money is far short of what business leaders and the Department of Transportation say is needed. A coalition of business leaders said the state needs at least $5 billion over the next decade for the most critical road needs.

The Transportation Department has said it needs another $1.5 billion annually to bring the state's roads and bridges to good condition.

Transportation Secretary Robert St. Ong says he's happy to have the money.