This bill establishes a new category of special license plates in Minnesota, known as Panhellenic plates, which can be issued to registered owners of certain vehicles who meet specific criteria. Applicants must pay a fee for the special plates, a registration tax, and contribute a minimum of $40 annually to the Panhellenic foundations account. Eligible organizations, specifically fraternities or sororities that are members of the National Pan-Hellenic Council and have an affiliated charitable foundation, can request a unique plate design that incorporates their emblem and an identifying inscription.

Additionally, the bill outlines provisions for the transfer of these special plates to other vehicles, as long as the new vehicle meets the same qualifications and is registered to the original owner. It also establishes a Panhellenic foundations account, where contributions will be deposited and appropriated for administrative costs and distribution to affiliated charitable foundations for charitable purposes. The bill is set to take effect on January 1, 2027.