The bill H. 5287 proposes to amend the South Carolina Code of Laws by discontinuing the issuance of "Share the Road" special license plates and replacing them with "I Bike SC" special license plates. The Department of Motor Vehicles will be responsible for issuing these new plates to owners of private passenger vehicles and motorcycles, which may feature an emblem or symbol from the Palmetto Cycling Coalition, Inc. The bill outlines that the special license plates will incur a regular motor vehicle registration fee along with a special motor vehicle license fee of fifty-two dollars.

Additionally, the bill stipulates that funds collected from these special license plates will be allocated to the State Highway Fund to cover the Department of Motor Vehicles' expenses, with any remaining funds directed to the Palmetto Cycling Coalition, Inc. for promoting bicycle and pedestrian safety and education programs. The bill also includes provisions for the production of the plates, requiring a minimum of four hundred prepaid applications or a deposit of four thousand dollars, and outlines the conditions under which the department will cease production of a particular plate series if applications fall below three hundred. The act will take effect six months after the design of the license plate is approved.