The bill establishes a new special license plate in Washington State dedicated to supporting working forests, with an initial fee of $40.00 and a renewal fee of $30.00. It amends existing laws related to special license plates, specifically RCW 46.17.220, 46.18.200, and 46.68.420, and introduces provisions for the design of the plate, which will feature imagery representing working forests. The proceeds from the sale of these license plates will be directed to the Washington tree farm program, which aids small forest landowners in the sustainable management of over 400,000 acres of private forestland.

Additionally, the bill modifies the allocation of funds from special license plate accounts, particularly those associated with the Seattle Seahawks and Seattle Mariners. It mandates that at least 90 percent of the funds from the Seahawks account be used for fellowships under the Washington World Fellows Program, while a similar requirement is set for the Mariners account, directing funds towards youth services in sports mentoring programs. The legislation also defines "working forests license plates" and outlines the criteria for qualified nonprofit organizations to receive funding. The act is scheduled to take effect on November 1, 2023.