Recommended changes to current proposed legislation: 1. | Change definition to a "specialty earmarked plate" (TCA 55-4-202.c.6). | was "cultural" - by definition all proceeds are allocated to non-indian state agencies. | 2. | Allocate all net proceeds to the Commission of Indian Affairs. | was 80% Arts Commission, 20% Highway Fund per TCA 55-4-216 "cultural". | 3. | Set effective date at 1 January 2008. | was 1 July 2007; provides 6 more months for planning/selling. | 4. | Set minimum number of plates at 500. | was 1,000 (failed to sell 500 in 1997). |
AMEND Senate Bill 1307 / HOUSE BILL 570 to read accordingly: AN ACT to amend Tennessee Code Annotated, Title 55, Chapter 4, to authorize the issuance of specialty earmarked Native American license plates. BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF TENNESSEE: | SECTION 1. Tennessee Code Annotated, Section 55-4-202(c)(6), is amended by adding the following as a new, appropriately designated subdivision: (_) Native American; | SECTION 2. Tennessee Code Annotated, Title 55, Chapter 4, Part 2, is amended by adding the following as a new section thereto: Section 55-4-2__. - An owner or lessee of a motor vehicle who is a resident of this state, upon complying with state motor vehicle laws relating to registration and licensing of motor vehicles and paying the regular fee applicable to the motor vehicle and the fee provided for in § 55-4-203, shall be issued a Native American specialty earmarked license plate for a motor vehicle authorized by §55-4-210(c), with all net proceeds from the sale of such plates allocated to the commission of Indian affairs.
- The specialty earmarked plates provided for in this section shall be designed in consultation with the commission of Indian affairs.
- The initial minimum order shall be five hundred (500) license plates.
| SECTION 3. This act shall take effect January 1, 2008, the public welfare requiring it. |
March 2007 SUMMARY OF REVISED BILL: Creates a Native American specialty earmarked license plate. ESTIMATED REVISED FISCAL IMPACT: Increase State Revenues - $4,380 General Fund $13,120 Dedicated Funds Increase State Expenditures - $4,380 One-Time REVISED Assumptions: - Revenues (500 plates @ $35.00 each)
- Expenditures (Production cost 500 plates @ $3.76 each = $1,880 one-time; computer system changes = $2,500 one-time; total $4,380)
- Five hundred new plates will be purchased by individuals that currently do not have a specialty license plate.
- Net proceeds from the sale of such plates will be allocated as follows: 100% to the Tennessee Commission of Indian Affairs ($13,120).
$30.75 of the $35.00 additional fee is appropriated to the Commission of Indian Affairs. $30.75 x 500 = 15,375
tpk/march2007 |
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