South Carolina 2025-2026 Regular Session

South Carolina House Bill H4031

Introduced
2/18/25  

Caption

Transportation Infrastructure Bank

Impact

If enacted, this bill is expected to significantly affect how transportation-related fines and fees are utilized within the state of South Carolina. Rather than supporting a separate entity, the funds will now specifically focus on supporting the State Highway Fund. This could lead to increased resources being available for direct use in maintenance, resurfacing programs, and address bridge concerns effectively. Additionally, the Department of Transportation is instructed to create a methodology to distribute funds on a needs basis across the state's counties, ensuring equity in infrastructure funding.

Summary

House Bill H4031 proposes an amendment to the South Carolina Code of Laws by adding a new section that involves the allocation of certain fines and fees directly to the State Highway Fund, while also repealing the State Transportation Infrastructure Bank chapter. This new section stipulates that various fees and fines collected under numerous provisions will not be transferred to the State Transportation Infrastructure Bank but instead directly credited to the State Highway Fund. This change aims to streamline funding for highway maintenance and improvement projects by ensuring that collected fines and fees contribute to infrastructure directly.

Contention

Discussions surrounding H4031 may focus on the implications of repealing the State Transportation Infrastructure Bank, as this could lead to potential shifts in how transportation projects are funded. While proponents of the bill might argue that this move enhances financial clarity and efficiency in funding infrastructure, critics could voice concerns over potential drawbacks, such as reduced oversight or flexibility that the State Transportation Infrastructure Bank previously offered. The debate may also touch upon the long-term effects on local municipalities and their ability to finance transportation projects autonomously.

Companion Bills

No companion bills found.

Previously Filed As

SC H909

State Infrastructure Bank Board

SC H769

National Infrastructure Bank

SC H631

State Infrastructure Bank Study

SC SJR0015

NAT. INFRASTRUCTURE BANK ACT

SC SJR0039

NAT. INFRASTRUCTURE BANK

SC SR261

Urge Congress to create a National Infrastructure Bank.

SC H1183

Transportation Infrastructure Land Development Regulations

SC S1342

Transportation Infrastructure Land Development Regulations

SC A764

Amends lists of projects eligible to receive loans for environmental infrastructure projects from NJ Infrastructure Bank for FY2026.

SC AJR22

Federal Infrastructure Bank.

Similar Bills

AZ SB1184

Transportation services employees; drivers; wages

MI SB0928

Health: licensing; behavioral health transportation licensing requirements; provide for. Amends 1974 PA 258 (MCL 330.1001 - 330.2106) by adding ch. 9B. TIE BAR WITH: SB 0927'26

CA AB1343

Local alternative transportation improvement program: Feather River crossing.

CA SB371

Transportation network companies: insurance coverage.

CA SB117

Transit and Intercity Rail Capital Program: loans: transit operating purposes: San Francisco Bay area.

CA AB117

Transit and Intercity Rail Capital Program: loans: transit operating purposes: San Francisco Bay area.

NJ S1249

Requires transportation network companies to share information concerning sexual misconduct investigation of driver; authorizes transportation network company to ban drivers from accessing digital network during and following investigation.

NJ A482

Requires transportation network companies to share information concerning sexual misconduct investigation of driver; authorizes transportation network company to ban drivers from accessing digital network during and following investigation.