The bill amends Chapter 31-3 of the General Laws to create a special motor vehicle registration plate for the not-for-profit entity Friends of the Historic Narragansett Towers. The administrator of the Division of Motor Vehicles is empowered to make these special plates available, which will reference the organization and be displayed in place of standard registration plates. The design of the plates will be developed by the Friends of the Historic Narragansett Towers in conjunction with the Division of Motor Vehicles and must be approved by the Rhode Island State Police.

The bill outlines the procedures for issuing the plates, including compliance with minimum order requirements and the need for prepayment procedures. In addition to the regular motor vehicle registration fee, a $40 issuance surcharge will apply for the special plates, with $20 allocated to the general fund and the remaining $20 directed to the Friends of the Historic Narragansett Towers to support cultural and performing arts programs. A $10 surcharge will also apply for subsequent registration renewals, benefiting the organization.

The Friends of the Historic Narragansett Towers are required to use any funds received from the registration in support of Rhode Island-based charitable organizations and must submit an annual accounting report before such funds are distributed. The bill specifies that there will be no refunds for early cancellation of the Friends of the Historic Narragansett Towers plates. This act shall take effect upon passage.