§ 47:463.205 — Special prestige license plate; "Louisiana REALTORS"

Louisiana § 47:463.205

• Jurisdiction: Louisiana
• Title 47: Revenue and Taxation

Text

§463.205. Special prestige license plate; "Louisiana REALTORS"
A. The secretary of the Department of Public Safety and Corrections shall establish
a special prestige motor vehicle license plate to be known as the "Louisiana REALTORS"
plate, provided there is a minimum of one thousand applicants for such plate. The plate shall
be restricted to use on passenger cars, pickup trucks, recreational vehicles, motorcycles, and
vans.
B. The secretary shall work in conjunction with the Louisiana REALTORS to select
the color and design of the plate, provided it is in compliance with R.S. 47:463(A)(3). The
design shall include the words "Louisiana REALTORS".
C. The special prestige license plate shall be issued, upon application, to any member
or affiliate of the Louisiana REALTORS upon verifying membership in a manner that is
mutually determined by the secretary and the board of directors of the Louisiana
REALTORS.
D. The department shall collect an annual royalty fee of ten dollars that shall be
disbursed in accordance with Subsection E of this Section. This fee shall be in addition to
the standard motor vehicle license tax imposed by Article VII, Section 5 of the Constitution
of Louisiana, and a handling fee of three dollars and fifty cents for each plate to be retained
by the department to offset a portion of administrative costs.
E.(1) The annual royalty fee shall be collected by the department and forwarded to
the Louisiana REALTORS Association Relief Fund. The monies in the fund shall be utilized
to provide financial relief to realtors and others following a disaster and as permitted by that
entity's bylaws.
(2) The amount forwarded to the Louisiana REALTORS Association Relief Fund
shall be deemed to be a charitable donation to that entity by the applicant.
(3) Application for the license plate created pursuant to this Section shall constitute
prior written consent and instruction by the applicant to the department to provide his name,
address, and birth date to the Louisiana REALTORS. The secretary shall ensure that the
application for the plate includes a statement granting such consent.
F. The secretary shall promulgate and adopt rules and regulations as are necessary
to implement the provisions of this Section.

Legislative History

Acts 2019, No. 72, §1.