Posted on Tue, Mar. 18, 2003


Task force unveils economic plan


Staff Writer

Gov. Mark Sanford's task force of 51 business and government leaders on Monday presented its plan for improving the state's economy.

The plan -- three months in the making -- makes no recommendations where the state should shift resources. It hands the task of figuring out how to get something done over to the S.C. Commerce Department.

Commerce officials should weigh suggestions from this report and similar ones from the past and develop "an implementation plan that incorporates the best recommendations from these studies," the opening page of 39-page document says.

Asked at a news conference in Columbia how this report differs from those of the past, task force chairman and Columbia lawyer Clarence Davis tapped on a 4-inch appendix containing some of those past studies and replied: "Implementation, implementation, implementation."

Burnet R. "Burnie" Maybank III, director of the S.C. Revenue Department and a task force member, said the Legislature isn't expected to make changes this year, given the state's revenue shortfalls and budget cuts. Instead, he said the plan is to do it before Sanford's first term ends in four years.

This plan offers a "menu of options" that, if anything, errs in its specificity, Maybank said. He said the report contains many recommendations that are "not glamorous or sexy." He cited as an example one to help the tourism industry by eliminating state laws requiring bars to serve alcohol from minibottles, a practice long opposed by the restaurant industry.

"The common failure of most of these types of plans is they're too generic and fluffy. They can't be implemented," Maybank said.

The report calls on the state "to act as a catalyst for developing South Carolina technology companies," but also says the state will help manufacturing, tourism, farming and moviemaking. Davis and the other task force members said the report makes no recommendation which areas should receive more state money, tax cuts or personnel and which areas should receive less.

Ed Sellers, president of Columbia-based Blue Cross and Blue Shield of South Carolina, said task force members did not focus on the costs of following their suggestions. But in many instances, he said, private money will be sought to supplement tax dollars. For example, the report suggests building a $150 million to $200 million fund to help small startup companies with big potential.

"A venture capital fund won't all be state money. There's billions (of private dollars) available if you can show a return," he said.





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