SLS 10RS-587 ENGROSSED Page 1 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. Regular Session, 2010 SENATE BILL NO. 270 BY SENATOR WALSWORTH MOTOR VEHICLES. Provides for annual royalty fee for prestige license plates for high schools.(07/01/10) AN ACT1 To amend and reenact R.S. 47:463.73(C)(2), and (E), relative to special prestige license2 plates for Louisiana public and private high schools; to provide relative to collection3 of royalty fees; and to provide for related matters.4 Be it enacted by the Legislature of Louisiana:5 Section 1. R.S. 47:463.73(C)(2), and (E) are hereby amended and reenacted to read6 as follows: 7 ยง463.73. Special prestige license plate; Louisiana public and private high schools8 * * *9 C. * * *10 (2) A royalty fee of twenty-five dollars for the use of the institution's design11 by the department shall be paid to the institution for each license plate issued as12 provided in this Section. At the option of any Louisiana public or private high13 school, this royalty fee shall be collected annually by the department.14 * * *15 E. The secretary shall establish rules and regulations as are necessary to16 implement the provisions of this Section, including but not limited to rules and17 SB NO. 270 SLS 10RS-587 ENGROSSED Page 2 of 2 Coding: Words which are struck through are deletions from existing law; words in boldface type and underscored are additions. regulations governing the collection and disbursement of the monies generated from1 the one-time royalty fees for these plates, the transfer and disposition of such license2 plates, the colors available, and the design criteria.3 * * *4 Section 2. The provisions of this Act shall be applicable to special prestige license5 plates for Louisiana public and private high schools issued on and after July 1, 2010, or6 renewals of such plates on and after that date.7 Section 3. This Act shall become effective on July 1, 2010; if vetoed by the governor8 and subsequently approved by the legislature, this Act shall become effective on July 1,9 2010, or on the day following such approval by the legislature, whichever is later.10 The original instrument and the following digest, which constitutes no part of the legislative instrument, were prepared by Sharon F. Lyles. DIGEST Walsworth (SB 270) Present law provides a special prestige license plate for Louisiana public and private high schools. Present law provides for collection of a one-time royalty fee for these plates by the department. Proposed law provides that at the option of any Louisiana public or private high school the royalty fee shall be collected annually by the department. Proposed law applies to special prestige license plates for Louisiana public and private schools issued on and after July 1, 2010, or renewals of such plates on and after such date. Effective July 1, 2010. (Amends R.S. 47:463.73(C)(2) and (E))