The bill, known as the Lares-Herring Act, proposes the creation of a distinctive "Brain Cancer Research" motor vehicle license plate in Alabama. Vehicle owners who are residents of Alabama can apply for these plates by complying with existing motor vehicle registration and licensing laws, paying the standard fees for license tags or plates, and an additional annual fee of fifty dollars ($50). The distinctive license plates will be valid for five years and can be replaced with either conventional, personalized, or new "Brain Cancer Research" plates after that period. The issuance of these plates is contingent upon Blazer Bolt, Incorporated qualifying for a distinctive license plate category pursuant to Section 32-6-64.

The additional fee collected for the distinctive plates will be distributed according to Section 32-6-68, with the portion allocated to Blazer Bolt, Incorporated being used specifically for funding brain cancer research in the State of Alabama. Blazer Bolt, Incorporated is also responsible for the design of the license plate, subject to approval by the Commissioner of Revenue and in compliance with all applicable laws and rules. The Department of Revenue is authorized to adopt rules to implement this section. The act is set to become effective on January 1, 2024, pending passage and approval by the Governor or otherwise becoming law. The bill was read three times in the Senate and passed with 30 yeas, 0 nays, and 0 abstains.