This bill amends existing laws regarding special prestige license plates for current and retired legislators in Louisiana. It replaces the previous one-time fee of twenty-five dollars for these plates with an annual royalty fee of twenty-five dollars, which will be collected by the department and forwarded to the division of administration. Additionally, a handling fee of three dollars and fifty cents will be retained by the department to help offset administrative costs. The funds collected from these fees will be allocated specifically for the restoration efforts of the Pentagon Barracks.

Furthermore, the bill introduces new provisions that require the secretary to establish rules and regulations for the implementation of these changes, including guidelines for the transfer and disposition of the license plates upon the death of the recipient and the design of the plates. The amendments aim to streamline the fee structure and ensure that the revenue generated is directed towards a specific restoration project.

Statutes affected:
HB988 Original: 47:37(B), 47:49(B)
HB988 Engrossed: 47:37(B), 47:49(B)
HB988 Enrolled: 47:37(B), 47:49(B)
HB988 Act 685: 47:37(B), 47:49(B)