The proposed legislation, known as the Lares-Herring Act, aims to establish a distinctive motor vehicle license plate in Alabama to support brain cancer research. Under the new provisions, residents can apply for a "Brain Cancer Research" license plate by complying with existing motor vehicle registration laws and paying a standard fee along with an additional annual fee of $50. These plates will be valid for five years and can be replaced with either conventional or personalized plates thereafter. The issuance of these plates is contingent upon Blazer Bolt, Incorporated qualifying for a distinctive license plate category and will be designed by the company, subject to approval by the Commissioner of Revenue.

Additionally, the bill stipulates that the annual fee collected for these distinctive plates will be allocated to fund brain cancer research in Alabama. The Department of Revenue is authorized to adopt rules for the implementation of this section. The act is set to take effect on January 1, 2024, following its passage and approval by the Governor. Notably, the bill does not include any deletions from current law but introduces new legal language to facilitate the issuance and management of the distinctive license plates.