Plain English Breakdown
The official text specifies that Section 1 expires on December 31, 2026, but does not provide a separate effective date for when this amendment takes effect.
Extension of Delaware's 250th Anniversary License Plate
This amendment extends the availability of a special license plate until December 31, 2026, and sets rules for moving leftover money from its fund.
What This Bill Does
- Extends the time people can buy the special anniversary license plate to December 31, 2026
- Sends any unencumbered (unspent) money in the Delaware 250 Fund to the state Transportation Trust Fund after that date
- Transfers any encumbered (reserved or committed) funds from the Delaware 250 Fund to an organization called Delaware 250
Who It Names or Affects
- Drivers who want to buy the special anniversary license plate
- The state Transportation Trust Fund which receives unencumbered money
- Delaware 250, a group that receives encumbered funds from the program
Terms To Know
- Semiquincentennial
- A celebration of a 250th anniversary.
- Unencumbered money
- Money in the fund that has not been promised or set aside for any specific project yet.
Limits and Unknowns
- The text does not say how much money is currently in the Delaware 250 Fund.
- The source material does not list a specific effective date when this change begins, only that Section 1 expires on December 31, 2026.