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ARIZONA HOUSE OF REPRESENTATIVESFifty-fifth Legislature Second Regular Session |
House: TRANS DP 10-0-0-2 |
HB 2532: tribally accredited educational institution; plates
Sponsor: Representative Blackwater-Nygren, LD 7
Caucus & COW
Overview
Establishes the Tribally Accredited Institution of Higher Education special plate and fund.
History
Pursuant to (A.R.S. § 28-2351), the Arizona Department of Transportation (ADOT) is required to provide every vehicle owner one license plate for every vehicle registered upon application and on payment of prescribed fees. In accordance with (A.R.S. § 28-2403), special plates may be issued by ADOT in place of the regular license plate, upon application. An initial and annual renewal fee of $25 is required for the special plate in addition to the vehicle registration fees, with outlined exceptions (A.R.S. § 28-2402). Of the $25 special plate fee, $8 is an administrative fee and $17 is an annual donation to a specified organization. Special plates are established through statutory authority and require a standard $32,000 implementation fee from a person. Currently, there are 89 license plate types.
Provisions
1. Directs ADOT to issue a Tribally Accredited Institution of Higher Education special plate, by December 31, 2022, if a person pays $32,000 for its implementation. (Sec. 3)
2. Requires the person that provides the $32,000 to design the special plate, subject to approval by ADOT. (Sec. 3)
3. Allows ADOT to combine requests for the special plate and a personalized plate, in a form prescribed by ADOT and subject to fees for both plates. (Sec. 3)
4. Establishes the Tribally Accredited Institution of Higher Education Fund (Fund), to be administered by ADOT. (Sec. 3)
5. Requires that, of the $25 fee required to obtain and renew a special plate, $8 is an administrative fee and $17 is an annual donation. (Sec. 3)
6. Requires that the $8 administration fee be deposited into the State Highway Fund and the $17 annual donation be deposited into the Fund. (Sec. 3)
7. Requires that the first $32,000 in the Fund be reimbursed to the person who paid the implementation fee. (Sec. 3)
8. Requires that no more than 10% of the monies annually deposited in the Fund be used to administer the Fund. (Sec. 3)
9. States that monies in the Fund are continuously appropriated on a yearly basis. (Sec. 3)
10. Mandates that the money from the fund, excluding administrative fees be allocated to an entity that is qualified under section 501(c)(3) of the United States internal revenue code for federal income tax purposes as well as:
a) operate exclusively for educational and charitable purposes; and
b) be the first tribal college in the United States.
11. States that on notice from the Director, the State Treasurer will invest and divest monies in the Fund and monies earned from investment will be credited to the Fund. (Sec. 3)
12. Makes conforming changes. (Sec. 1, 2, 4, 5, 6)
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HB 2532
Initials AC/JL Page 0 Caucus & COW
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