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TN SB0653

TN SB0653
AN ACT to amend Tennessee Code Annotated, Title 55, Chapter 4, relative to specialty license plates benefitting state historic sites.


summary

Introduced
01/31/2025
In Committee
Crossed Over
Passed
Dead

Introduced Session

114th General Assembly

Bill Summary

As introduced, exempts new specialty earmarked license plates for which the funds are allocated to, and used by, a nonprofit organization to support state historic sites from meeting the minimum initial issuance requirement of 1,000 plates and the minimum issuance requirement of 800 plates upon renewal. - Amends TCA Title 55, Chapter 4.

AI Summary

This bill modifies Tennessee's licensing regulations by creating an exemption for specialty license plates that support state historic sites. Specifically, the bill allows new specialty license plates benefiting state historic sites to be issued even if they do not meet the standard minimum plate issuance requirements. Normally, a new specialty license plate must have at least 1,000 initial plates issued and maintain at least 800 plates upon renewal. However, under this bill, specialty plates that generate funds for a nonprofit organization supporting a state historic site (as designated by the Tennessee Historical Commission) will be exempt from these minimum issuance requirements. The bill takes effect immediately upon becoming law and applies retroactively to specialty license plates authorized both before and after the bill's effective date. This change is designed to make it easier for organizations supporting historic sites to create and maintain specialty license plate programs, potentially increasing funding and awareness for these important cultural preservation efforts.

Committee Categories

Transportation and Infrastructure

Sponsors (1)

Last Action

Assigned to General Subcommittee of Senate Transportation and Safety Committee (on 03/19/2025)

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