No. CS/SB 246
Filed under Transportation.
Specialty License Plates; Requiring certain organizations that have an approved specialty license plate to submit within a specified timeframe certain financial information to the Department of Highway Safety and Motor Vehicles; prohibiting specialty license plate annual use fees or interest earned from such fees from being distributed to certain entities; requiring the department to develop an Endless Summer motorcycle specialty license plate; revising provisions relating to the issuance and fee distribution for Fraternal Order of Police license plates; directing the department to develop specified specialty license plates, etc.
Plain English Summary
AI-GENERATEDNew specialty plate organizations must submit a 5-year financial projection within 60 days of legislative approval. Failure to submit this document results in the immediate deauthorization of the plate.
The Department of Highway Safety and Motor Vehicles must submit an annual report to the Governor and legislative leaders. This report summarizes the financial projections and the status of withheld revenues.
Specialty plate annual use fees may only be distributed to domestic or foreign corporations authorized to conduct business in Florida. This restricts the types of entities that can receive these funds.
The bill creates a new Endless Summer motorcycle license plate. It also revises the Fraternal Order of Police plate to distribute fees to a specific nonprofit foundation.
AIOrganizations must submit a 5-year financial projection within 60 days of approval, or the plate is deauthorized.
AIAnnual use fees may only be distributed to domestic or foreign corporations authorized to conduct business in Florida.
AIThe department must report to the Governor and legislative leaders by December 31 on organizations with withheld revenues.
AIFees and interest may not be expended outside the state, with specific exceptions for military-related plates.