Gov. Henry McMaster led a town hall event at the University of South Carolina Aiken, discussion on investing funds from Savannah River Site settlement

Friday morning Gov. Henry McMaster discuss how South Carolina should invest the funds from the Savannah River Site settlement.

South Carolina Governor let a town hall event at the University of South Carolina Aiken.

Members of the general assembly were among those who attended the event. This is the press release of the event:

“Violating federal law, the U.S. Department of Energy (DOE) announced its proposal to shut down the MOX facility at the Savannah River Site in 2018. Governor McMaster, along with other elected officials in South Carolina, fought the DOE’s decision,” a press release explained.

According to the settlement agreement, $600 million will be paid to the state of South Carolina of which $525 million can be allocated by the General Assembly.

Elected officials have worked with the governor on deciding how this money will be allocated and where they will be invested.