South Carolina Code 56-19-420. Fee; allocation
(1) the issuance of a certificate of title;
Terms Used In South Carolina Code 56-19-420
- Remainder: An interest in property that takes effect in the future at a specified time or after the occurrence of some event, such as the death of a life tenant.
(2) the transfer of a certificate of title; or
(3) the issuance of a duplicate certificate of title.
(B) Five dollars of the fee contained in this section must be placed in a special earmarked account by the Comptroller General and must be distributed in the following manner:
(1) the first one million dollars must be credited to the general fund of the State to offset a portion of state individual income tax revenue not collected pursuant to the subsistence allowance allowed pursuant to § 12-6-1140(6); and
(2) the remainder must be allocated to the Department of Public Safety and used to support highway patrol programs.
(C) Notwithstanding any other provision of law, five dollars of the fee contained in this section must be placed in the State Highway Fund as established by § 57-11-20, to be distributed as provided in § 11-43-167 by the Comptroller General.