The bill introduced by Senator Craig seeks to amend section 4501.21 and enact section 4503.537 of the Revised Code to establish a new specialty license plate known as the "Lifetown" license plate. This initiative is designed to generate contributions for Lifetown, Incorporated, which will utilize the funds to support its programs and activities. The bill outlines the application process for obtaining these plates, which can be combined with requests for special reserved license plates, and specifies that the plates will feature a logo and words approved by Lifetown, Incorporated. Additionally, it mandates the collection of a fifteen-dollar contribution and a ten-dollar administrative fee for each application, with these funds directed to the state treasury for designated purposes. Moreover, the bill emphasizes the allocation of contributions received by the registrar to various educational institutions, mandating that funds be used exclusively for student welfare and mental health services. It specifies that each school or district must allocate fifty percent of the contributions for tuition assistance and the other fifty percent for mental health-related services. The bill also includes provisions to ensure that contributions cannot be used for political purposes or employee salaries, while requiring that any charitable organizations providing these services be tax-exempt under subsection 501(c)(3) of the Internal Revenue Code. The existing section 4501.21 is repealed, and a composite version is presented to harmonize previous legislative amendments, ensuring the new provisions operate effectively alongside existing laws.

Statutes affected:
As Introduced: 4501.21
As Reported By Senate Committee: 4501.21
As Passed By Senate: 4501.21