No. CS/CS/HB 639
Filed under Transportation.
Specialty License Plates; Requires certain organizations that have approved specialty license plate to submit within specified timeframe certain financial information to DHSMV; provides for deauthorization of certain specialty license plates if organization receiving annual use fees does not submit required financial information to DHSMV within specified timeframe; requires DHSMV to submit annual report to Governor & Legislature by specified date; prohibits specialty license plate annual use fees or interest earned from such fees from being distributed to certain entities; revises provisions relating to issuance & fee distribution for Fraternal Order of Police license plates; directs DHSMV to develop specified specialty license plates.
Plain English Summary
AI-GENERATEDRequires organizations behind newly approved specialty plates to file 5-year financial projections within 60 days of the authorizing act becoming law, automatically deauthorizing the plate if they miss that deadline.
Bars specialty-plate fees from being distributed to, or passed along to, any organization that isn't a properly registered domestic or Florida-authorized foreign corporation.
Removes the Fraternal Order of Police plate's membership requirement and replaces its statutory 10 percent spending cap with a rule that the recipient foundation controls spending under its own private bylaws.
Creates seven new specialty plates for named organizations, from the UFC to Miami Dade College, each sending fees to a specific nonprofit, six with a 10 percent cap on marketing.
AIRequires an organization behind a newly approved specialty plate to submit a 5-year revenue and expense projection, an administrative-expense list, and a list of third-party fee recipients within 60 days of the authorizing act becoming law, or the plate is automatically deauthorized.
AIRequires that specialty-plate annual use fees may only be distributed to an organization that is a properly filed domestic corporation or a foreign corporation authorized to do business in Florida.
AIProhibits a specialty-plate organization from transferring or distributing its fee revenue to any third party unless that third party is itself a properly filed domestic or authorized foreign corporation.
AIDeletes the rule limiting the Fraternal Order of Police plate to applicants who prove lodge membership, or family ties to a member, opening it to any driver.
AIDeletes the state's 10 percent cap on marketing and administrative spending and the earmark for memorial projects, and ends the Lodge's hold on proceeds pending startup-cost recovery, sending fees straight to the renamed foundation to distribute under its own articles of incorporation.
AIDirects DHSMV to design and issue new plates for Miami Northwestern Alumni Association, Christopher Columbus High School, the UFC, the Naval Academy, the Military Academy, Miami Dade College, and Florida Film Legacy, each routing fees to a named nonprofit.
AIRequires DHSMV to submit a report each December 31 to the Governor, Senate President, and House Speaker summarizing sponsors' financial projections and the status of organizations whose revenues have been withheld.
AIAdds the Governor to the officials DHSMV must notify about organizations whose specialty-plate revenues were withheld for noncompliance, and folds that notice into the new December 31 annual report cycle.