HB 168/LM (BR 1011) - R. Meeks
AN ACT relating to special license plates.
Create a new section of KRS Chapter 186 to create a special license plate to promote advertising and design talent in Kentucky; provide for the Advertising Federation of Louisville to conduct a design competition for the plate and allow the public to select the final design through an Internet web based voting procedure; require the federation to submit 900 applications with the required $25 state fee to the Transportation Cabinet before the special license plate must be printed; provide that initial applicants may make a voluntary contribution of $2 and that renewal applicants may make a voluntary contribution of $5, in addition to the $25 initial fee and the $15 renewal fee, to be used by the Louisville Advertising Education Foundation to issue scholarships to promising students who are studying advertising or market communications and who are committed to entering the industry upon graduation; establish requirements for a student to be a scholarship recipient; permit a county clerk to receive $3 for every plate issued and to retain investment income earned from holding voluntary contributions and forwarding the contributions on an annual basis; require the foundation to audit the funds received from voluntary contributions; require 100% of the contributions to be used for scholarships and prohibit the contributions from being used for administrative or personnel costs of the foundation, the Community Foundation of Louisville, or the Advertising Federation of Louisville.
Jan 6-introduced in House
Jan 7-to Transportation (H)