Senate Bill 653 amends Tennessee Code Annotated, Title 55, Chapter 4, to introduce a new provision regarding specialty license plates that benefit state historic sites. The bill adds a new subsection to Section 55-4-202, stating that the restrictions outlined in subdivision (k)(1) do not apply to new specialty earmarked license plates if the proceeds from their sale are allocated to a nonprofit organization that supports programs and operations at sites designated as state historic sites by the Tennessee Historical Commission.
The act is set to take effect upon becoming law and will apply to new specialty earmarked license plates authorized both before and after the effective date. This change aims to facilitate funding for nonprofit organizations involved in the preservation and promotion of Tennessee's historic sites.
Statutes affected: Introduced: 55-4-202