South Carolina H 4031: Transportation Infrastructure Bank

Bill Text

2025-2026 Bill 4031 Text of Previous Version (Feb. 18, 2025) - South Carolina Legislature Online 

South Carolina General Assembly
126th Session, 2025-2026

Bill 4031

Indicates Matter Stricken
Indicates New Matter

(Text matches printed bills. Document has been reformatted to meet World Wide Web specifications.)

A bill

TO AMEND THE SOUTH CAROLINA CODE OF LAWS BY ADDING SECTION 
57-11-30 SO AS TO CREDIT CERTAIN FINES AND FEES TO THE STATE HIGHWAY FUND 
WITHOUT ANY REDUCTIONS FOR TRANSFERS TO THE STATE TRANSPORTATION INFRASTRUCTURE 
BANK; AND by repealing CHAPTER 43 of TITLE 11 RELATING TO THE STATE 
TRANSPORTATION INFRASTRUCTURE BANK.

Be it enacted by the 
General Assembly of the State of South Carolina:

SECTION 1. Article 1, Chapter 11, Title 57 of the S.C. Code is 
amended by adding:

 Section 
57-11-30. (A) Notwithstanding any 
other provision of law, the fees and fines collected pursuant to Sections 12-37-2740(D), 
38-73-470, 56-1-140(B)(2), 56-1-143, 56-1-148(D), 56-1-170(B)(3), 56-1-200, 56-1-220(B), 
56-1-286(K), 56-1-390(2), 56-1-395, 56-1-400(A), 56-1-460(A)(1)(e)(iii), 56-1-550, 
56-1-740(B)(3), 56-1-746(D)(3), 56-1-1320(B), 56-1-2080, 56-1-3350(B)(2), 56-3-210(B), 
56-3-355, 56-3-1335, 56-3-1290, 56-3-1920(C), 56-3-2330(B), 56-3-2335(B)(2), 56-3-2340(C), 
56-3-3500(B), 56-3-3600(B), 56-3-3710(B), 56-3-3950, 56-3-4100(B), 56-3-4200(C), 
56-3-4410(B), 56-3-4510(C), 56-3-4600(B), 56-3-4800(B), 56-3-4910(B), 56-3-5200(B), 
56-3-5400(B), 56-3-7200(B), 56-3-7300(B), 56-3-7320, 56-3-7330(B)(2), 56-3-7700(B), 
56-3-7750(B), 56-3-7860, 56-3-7910(B), 56-3-7950(B), 56-3-8000(C), 56-3-8100(B), 
56-3-8100(F), 56-3-8200(A), 56-3-8300(A), 56-3-8400(A), 56-3-8600(B), 56-3-8710(C), 
56-3-9400(B), 56-3-9600(B), 56-3-9710(B), 56-3-10010(B), 56-3-13710(B), 56-5-750(G)(3), 
56-5-2942(J), 56-5-2951(B)(1), 56-5-2951(H), 56-9-330, 56-10-240(C), 56-10-245, 
56-10-552, 56-10-260(B)(3), 56-19-265(D), 56-19-420(C), and 56-19-520(A)(4), 
and any other fees or fines otherwise credited to the State Transportation 
Infrastructure Bank must be credited to the State Highway Fund as established 
by Section 57-11-20, to be expended as provided in this section.

 (B) The 
Department of Transportation shall allocate the funds credited to the State 
Highway Fund pursuant to subsection (A) to:

 (1) 
pay the debts and debt service incurred by the State Transportation 
Infrastructure Bank; and

 (2) 
the state-funded resurfacing program. The Department of Transportation shall 
develop and implement a needs-based methodology to distribute revenue within 
the state funded-resurfacing program, which shall include consideration on a county-by-county 
basis, to ensure that each county in the State is guaranteed funding for 
resurfacing.

 (C) The 
Secretary of Transportation shall continue the prioritization of bridge and 
resurfacing needs as required by the former Section 11-43-167(D) in amounts at 
least equal to the amounts spent in Fiscal Year 2024-2025.

SECTION 2. Chapter 
43, Title 11 of the S.C. Code is repealed.

SECTION 3. This act takes effect upon approval 
by the Governor.

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This web page was last updated on February 18, 2025 at 12:58 PM