§ 9-18.5-12-14 — Sales of special group plates in excess of 5,000; fees and trust funds

Indiana § 9-18.5-12-14

• Jurisdiction: Indiana
• Title 9: MOTOR VEHICLES
• Art. 18.5: DISTINCTIVE LICENSE PLATES
• Ch. 12: Special Group Recognition License Plates

Text

(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) 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) 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 that is eligible
to register a vehicle under this title and does the following:
(1) Completes an application for the license plate.
(2) Pays an annual special group recognition license plate fee of
twenty-five dollars ($25).
(e) The annual fee referred to in subsection (d)(2) and any other
amounts remitted to the bureau as required under law shall be collected
by the bureau and deposited in a trust fund for the special group
established under subsection (f). 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.
(f) The treasurer of state shall establish a trust fund for each special
group for which the bureau collects fees under this section.
(g) 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.
(h) The bureau shall administer the fund. Expenses of administering
the fund shall be paid from money in the fund.
(i) On June 30 of each year, the bureau shall distribute the money
from the fund to the special group for which the bureau has:
(1) collected fees under this section; or
(2) received and deposited amounts as required by law.
(j) The bureau may not disclose information that identifies the
persons to whom special group license plates have been issued under
this section.
[Pre-2016 Revision Citation: 9-18-25-17.5.]

Legislative History

As added by P.L.198-2016, SEC.327.