.....Advertisement.....
.....Advertisement.....
Commentary: Scott: Here’s how to ignite job creation and aid towns like Lancaster

Editor’s note: Sen. Scott testified Thursday before the congressional Joint Economic Committee on the benefits that Opportunity Zones, passed in last year’s federal tax reform bill, will have on distressed communities across the country. In March, Gov. Henry McMaster selected nearly all of the city of Lancaster as two of the state’s 135 Opportunity Zones. The program makes those areas eligible for tax incentives to encourage business creation. Here are excerpts of Scott’s testimony: