Sales of special group plates in excess of 5,000; fees and trust funds
Sec. 17.5. (a) This section applies to a special group if at least five
thousand (5,000) of the special group's license plates are issued
under this chapter during one (1) calendar year beginning after
December 31, 2004.
(b) Notwithstanding section 3 of this chapter, the representatives
of the special group may petition the bureau to design a distinctive
license plate that identifies a vehicle as being registered to a person
who is a member of the special group.
(c) The design of the special group license plate must include a
basic design for the special group recognition license plate with
consecutive numerals or letters, or both, to properly identify the
vehicle.
(d) A special group license plate must be treated with special
reflective material designed to increase the visibility and legibility of
the special group license plate.
(e) Beginning with the calendar year following the year in which
the representatives petition the bureau under subsection (b), the
bureau shall issue the special group's license plate to a person who
is eligible to register a vehicle under this title who:
(1) completes an application for the license plate; and
(2) pays the following fees:
(A) The appropriate fee under IC 9-29-5-38(a).
(B) An annual fee of twenty-five dollars ($25).
(f) The annual fee referred to in subsection (e)(2)(B) shall be
collected by the bureau and deposited in a trust fund for the special
group established under subsection (g). However, the bureau shall
retain two dollars ($2) for each license plate issued until the cost of
designing and issuing the special group license plate is recovered by
the bureau.
(g) The treasurer of state shall establish a trust fund for each
special group for which the bureau collects fees under this section.
(h) The treasurer of state shall invest the money in the fund not
currently needed to meet the obligations of the fund in the same
manner as other public funds are invested. Interest that accrues from
these investments shall be deposited in the fund. Money in the fund
is continuously appropriated for the purposes of this section. Money
in the fund at the end of a state fiscal year does not revert to the state
general fund.
(i) The commissioner shall administer the fund. Expenses of
administering the fund shall be paid from money in the fund.
(j) On June 30 of each year, the commissioner shall distribute the
money from the fund to the special group for which the bureau has
collected fees under this section.
(k) The bureau may not disclose information that identifies the
persons to whom special group license plates have been issued under
this section to the special group.
As added by P.L.54-2004, SEC.2.
Last modified: May 27, 2006