Plain English Breakdown
The official source material does not provide specific information about whether the bill applies retroactively or only prospectively.
Special License Plates for State Historic Sites
This bill allows nonprofit organizations to create special license plates that support state historic sites without needing a minimum number of initial or renewal plate sales.
What This Bill Does
- Allows nonprofits to make special license plates that help fund state historic sites.
- Exempts these plates from the rule requiring at least 1,000 plates sold when they are first made.
- Also removes the requirement for 800 plates to be sold each time the plates need to be renewed.
Who It Names or Affects
- Nonprofit organizations that support state historic sites
- People who buy special license plates
Terms To Know
- Specialty earmarked license plate
- A type of license plate with a specific design or message, and the money from selling it goes to a certain cause.
- State historic site
- A place in Tennessee that has been recognized for its historical importance by the state's Historical Commission.
Limits and Unknowns
- The bill does not change how much money goes to the plates' organizations.
- It only affects nonprofits working with state historic sites, not other types of nonprofits or government agencies.
- Revenue details are provided for future years but do not specify exact uses.