North Myrtle Beach, February 12, 2026
Former North Myrtle Beach Mayor, Marilyn Hatley, has been appointed by Governor Henry McMaster to the South Carolina Transportation Infrastructure Bank Board. This pivotal role will enhance transportation and economic development across the state. With a long history of public service, Hatley’s insights from her tenure as mayor and council member will inform critical infrastructure projects that improve mobility and public safety throughout South Carolina.
North Myrtle Beach
Governor Henry McMaster has appointed former North Myrtle Beach Mayor, Marilyn Hatley, to the South Carolina Transportation Infrastructure Bank Board. The appointment, made in recent days, places Hatley in a significant role impacting transportation and economic development across the state. Her tenure as mayor, spanning from November 2001 to November 2025, and prior service as a city council member since 1996, provides a foundation of public service and understanding of community needs.
A Critical Juncture for State Infrastructure
The South Carolina Transportation Infrastructure Bank (SCTIB) is a vital state instrumentality, created in 1997, with the explicit purpose of selecting and assisting in the financing of major qualified transportation projects. These projects encompass the construction and improvement of highways and other transportation facilities that serve public interests, including those essential for economic development. The Bank’s operational philosophy emphasizes accelerating project completion through bond issuance, rather than relying solely on pay-as-you-go funding. This approach aims to enhance public safety and mobility while fostering economic growth within the state.
Since its inception, the SCTIB has provided financial assistance to over $7.1 billion in highway road and bridge projects across South Carolina. This substantial investment has been a catalyst for more than 100 projects spanning 29 counties and 5 municipalities. Notable impacts include the development of infrastructure to encourage tourism in counties like Charleston, Beaufort, and Horry, as well as critical improvements such as the installation of cable barriers on interstate medians, which have been credited with saving numerous lives.
The Board’s Composition and Role
The governing body of the SCTIB is a seven-member Board of Directors. Among these, two directors are directly appointed by the Governor, with one of these gubernatorial appointees also serving as the board’s chairman. The remaining members include the chairman of the South Carolina Department of Transportation (SCDOT) Commission (ex officio), two directors appointed by the Speaker of the House of Representatives (one of whom is a House member), and two directors appointed by the President of the Senate (one of whom is a Senate member). This structure ensures a broad representation of state leadership and a focus on the varied needs of South Carolina’s populace. Directors appointed by the Governor, the Speaker, and the President of the Senate serve terms that are coterminous with their appointing authority, while legislative members’ terms align with their terms of office.
The Bank’s funding sources are dedicated by the General Assembly and include allocations from truck registration fees, motor vehicle registration fees, electric wholesale power tax, and one cent of the gasoline fuel fees. These revenues enable the Bank to issue both Revenue Bonds and General Obligation Bonds, subject to necessary approvals. The ability to issue bonds allows for major projects to be completed more expeditiously, often at a lower overall cost due to mitigating inflationary pressures on construction and land acquisition.
The Human Dimension of Infrastructure
Beyond the statistics and financial mechanisms, the work of the Infrastructure Bank touches the daily lives of South Carolinians. Improved roads and bridges mean safer commutes, more efficient transportation of goods, and enhanced access to opportunities for work and leisure. The careful stewardship of public funds for such essential improvements reflects a profound responsibility. The appointment of individuals like Marilyn Hatley, with a history of local governance, underscores the understanding that state-level decisions resonate deeply within communities, affecting families, businesses, and the very rhythm of life. Her experience brings a perspective shaped by direct engagement with citizens and their everyday realities.
The decisions made by the South Carolina Transportation Infrastructure Bank Board carry weight, shaping the arteries of commerce and connection that bind the state together. In this quiet, yet impactful, work, the convergence of prudent financial management and a compassionate understanding of human needs is essential for fostering a flourishing future for all.
Frequently Asked Questions
What is the South Carolina Transportation Infrastructure Bank (SCTIB)?
The South Carolina Transportation Infrastructure Bank (SCTIB) is a state instrumentality created in 1997 to select and assist in the financing of major qualified transportation projects, including the construction and improvement of highways and transportation facilities for public purposes and economic development.
Who appointed Marilyn Hatley to the South Carolina Transportation Infrastructure Bank Board?
Marilyn Hatley, former North Myrtle Beach Mayor, was appointed to the South Carolina Transportation Infrastructure Bank Board by Governor Henry McMaster.
How many members are on the South Carolina Transportation Infrastructure Bank Board?
The South Carolina Transportation Infrastructure Bank Board consists of seven voting members.
What are the funding sources for the South Carolina Transportation Infrastructure Bank?
The funding sources dedicated to the South Carolina Transportation Infrastructure Bank by the General Assembly include truck registration fees, motor vehicle registration fees, electric wholesale power tax, and one cent of the gasoline fuel fees.
What types of projects does the South Carolina Transportation Infrastructure Bank finance?
The South Carolina Transportation Infrastructure Bank finances major qualified projects such as the construction and improvement of highway and transportation facilities necessary for public purposes, including economic development.
Key Features of the South Carolina Transportation Infrastructure Bank (SCTIB)
| Feature | Description | Scope |
|---|---|---|
| Purpose | To select and assist in financing major qualified transportation projects, including highways and transportation facilities for public purposes and economic development. | State-level |
| Creation Year | 1997 | State-level |
| Governing Body | Seven-member Board of Directors | State-level |
| Gubernatorial Appointments | The Governor appoints two directors to the Board, one of whom serves as Chairman. | State-level |
| Key Funding Sources | Truck registration fees, motor vehicle registration fees, electric wholesale power tax, and one cent of gasoline fuel fees. | State-level |
| Total Financial Assistance Provided (since 1997) | Over $7.1 billion in highway road and bridge projects. | State-level |
| Bond Issuance Capability | Can issue Revenue Bonds and General Obligation Bonds to accelerate project completion. | State-level |
| Impact | Catalyst for over 100 projects in 29 counties and 5 municipalities, improving safety, mobility, and economic development. | State-level |
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Author: STAFF HERE MYRTLE BEACH
The HERE Myrtle Beach Staff Writers are a collaborative team of journalists, editors, and local contributors passionate about delivering accurate, timely information to the Myrtle Beach community. As part of the HEREcity.com Network, which powers over 100 U.S. city sites including HEREcolumbia.com, our staff draws on collective experience in South Carolina journalism to cover everything from business sales and real estate developments to dining deals and community initiatives. Our Expertise and Background Local Roots in Myrtle Beach Our team includes lifelong Myrtle Beach residents and SC natives with deep knowledge of the area’s history, economy, and culture. We’ve covered key events like the recent developments along the Grand Strand, Myrtle Beach’s tourism and hospitality industry, and growth in local education sectors (e.g., Coastal Carolina University programs). Collective Experience With over 50 combined years in journalism, our staff has backgrounds in print, digital media, and community reporting. We prioritize fact-based stories, drawing from sources like the Myrtle Beach Area Chamber of Commerce, city government records, and on-the-ground interviews. Commitment to Quality Every article is a group effort, involving research, editing, and verification to ensure reliability. We adhere to journalistic standards, citing credible sources and updating content as new details emerge.
