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ARIZONA HOUSE OF REPRESENTATIVESFifty-fifth Legislature Second Regular Session |
Senate: TAT DP 8-0-1-0 │3rd Read 27-1-2-0House: TRANS DP 11-0-0-0 |
SB 1061: army scholarship special plates
Sponsor: Senator Leach, LD 11
Caucus & COW
Establishes the Army Scholarship Special Plate and Fund (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.
Provisions
1. Directs ADOT to issue an Army Scholarship Special Plate if, by December 31, 2022, 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 Army Scholarship 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) Have been in existence for at least twenty years;
b) Have a mission that includes providing college scholarships to the sons and daughters of those who have served the United States honorably as soldiers in the United States Army and the spouses of enlisted soldiers on active duty in the United States Army;
c) Envision increasing its fundraising and visibility to encourage more applicants to apply for scholarships and to provide larger scholarships to an increasing number of deserving applicants to both reward army families for the sacrifices that army soldiers make every day to serve their nation and help the spouses and children of army soldiers become leaders in society; and
d) Award scholarship monies to children of former United States Army members who were killed while serving in the United States Army or who received an honorable discharge or medical discharge. As well as to children of regular active duty, active duty reserve or active duty National Guard United States Army members in good standing and spouses of enlisted regular active duty, active duty reserve or active duty National Guard United States Army members in good standing. (Sec. 3)
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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SB 1061
Initials AC/JL Page 0 Caucus & COW
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