(A) The fee imposed by this chapter is composed of two fees as follows:

1. (1) a state fee equal to one dollar thirty cents for each five hundred dollars, or fractional part of five hundred dollars, of the realty's value; and
2. (2) a county fee equal to fifty-five cents for each five hundred dollars, or fractional part of five hundred dollars, of the realty's value.

(B) The state fee must be credited as follows:

1. (1) ten cents of each one dollar thirty cents into the Heritage Land Trust Fund;
2. (2) twenty cents of each one dollar thirty cents into the South Carolina Housing Trust Fund; and
3. (3) one dollar of each one dollar thirty cents into the general fund of the State.