Current through 2024 Act No. 225.
Section 56-11-550 - Collection and distribution of funds to International Fuel Tax Agreement (IFTA) states(A) Upon filing a return, the Department of Motor Vehicles may distribute funds to International Fuel Tax Agreement states before the collection of funds from a person covered by the agreement. If the person has not remitted the funds within ninety days after being sent a collection notice, the department must revoke the authority of the person to operate in South Carolina and other states. The department may collect a person's past deficient payments by adjusting future distributions to states to which distributions previously had been made.1996 Act No. 459, Section 224.