Credits certain fines and fees to the State Highway Fund and repeals the State Transportation Infrastructure Bank.
This bill amends the South Carolina Code to credit certain fines and fees to the State Highway Fund without reductions for transfers. It repeals the State Transportation Infrastructure Bank and directs the Department of Transportation to allocate these funds to pay debts and debt service and for the state-funded resurfacing program. The Secretary of Transportation must prioritize bridge and resurfacing needs, ensuring each county receives funding. The act takes effect upon approval by the Governor.
Included in complete analysis
- Overview
- Core Provisions
- Implementation
- Impact
- Legal Framework
- Critical Issues
See what it does, who it affects, and the critical issues in plain language. Free, 30 seconds.