The bill establishes a new special license plate for religious educational institutions in Arizona, requiring a $32,000 implementation fee to be paid by an individual or entity by December 31, 2024. The person who pays this fee will also design the plate, which must be approved by the Arizona Department of Transportation (ADOT). The bill outlines that the $25 fee for obtaining or renewing the plate includes an $8 administration fee and a $17 donation, with the latter directed to a newly created Religious Educational Institution Special Plate Fund. This fund will be managed by ADOT and will reimburse the initial $32,000 fee, with a cap of 10% on annual administrative costs.

Additionally, the bill mandates that the fund's resources be allocated annually to a qualified 501(c)(3) organization overseeing alumni chapters of institutions of higher learning in Arizona, specifically those with campuses in Provo, Utah; Laie, Hawaii; and Rexburg, Idaho. The funds can only be used for alumni programs and scholarships for Arizona residents attending these institutions. The bill also includes provisions for the investment of fund monies by the State Treasurer and ensures that the funds are continuously appropriated.

Statutes affected:
Introduced Version: 28-2351, 28-2403, 28-2470.23, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.22, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864
House Engrossed Version: 28-2351, 28-2403, 28-2470.23, 28-6501, 28-6991, 28-6993, 28-2404, 28-2412, 28-2413, 28-2414, 28-2416, 28-2416.01, 28-2417, 28-2470.22, 28-2472, 28-2473, 28-2474, 28-2475, 28-2476, 28-4533, 28-2402, 28-2003, 28-5431, 28-2408, 28-2409, 35-146, 35-147, 35-313, 28-2407, 28-2514, 28-2415, 28-1177, 28-5926, 28-5927, 28-410, 28-5808, 28-1143, 28-2353, 28-3003, 28-5101, 28-2206, 28-2162, 49-542, 28-372, 28-2155, 28-2156, 28-2269, 28-4304, 28-4804, 28-710, 28-2065, 28-7311, 28-7059, 28-1105, 28-2448, 28-3415, 28-3002, 28-7316, 28-4302, 28-3416, 28-4504, 28-2098, 28-2321, 28-2324, 28-2325, 28-5474, 28-5739, 28-5863, 28-5864