The bill amends Florida Statutes concerning specialty license plates by introducing new requirements for organizations that have approved these plates. Organizations must now submit a financial projection detailing anticipated revenues and expenditures to the Department of Highway Safety and Motor Vehicles within 60 days of the law's approval; failure to do so will result in the deauthorization of the specialty plate. Additionally, the Department is required to provide an annual report to the Governor and Legislature summarizing the financial projections received. The bill also prohibits the distribution of annual use fees or interest earned from those fees to certain entities, ensuring proper use of funds.

Furthermore, the bill proposes the creation of several new specialty license plates, including those for Christopher Columbus High School, the Ultimate Fighting Championship (UFC), and Miami Dade College, among others. Each plate will feature specific designs and slogans, with annual use fees allocated to the respective organizations, allowing up to 10 percent for administrative costs and marketing. The bill also enhances oversight by mandating the Department to notify key legislative leaders about organizations with withheld revenue distributions due to non-compliance. If the Legislature does not provide guidance on these undistributed revenues, the Department must deauthorize the plate and redirect the funds to the Highway Safety Operating Trust Fund. The bill is set to take effect on October 1, 2026.

Statutes affected:
H 639 Filed: 320.08058
H 639 c1: 320.08062
H 639 c2: 320.08062