SF 1 (LSB 1044XS (3) 85)

SENATE FILE 1

BY  ZAUN

A BILL FOR

An Act providing for the issuance of an Olympic motor vehicle registration plate, establishing fees, and making an appropriation.
BE IT ENACTED BY THE GENERAL ASSEMBLY OF THE STATE OF IOWA:

    Section 1.  Section 321.34, Code 2013, is amended by adding the following new subsection:
   NEW SUBSECTION.  27.  Olympic plates.
   a.  Upon application and payment of the proper fees, the director may issue Olympic plates to an owner of a motor vehicle referred to in subsection 12.
   b.  The department, in consultation with the Iowa sports foundation, shall design a distinguishing processed emblem for the Olympic plates.
   c.  The special plate fee for letter-number designated Olympic plates is twenty-five dollars. The fee for personalized Olympic plates is twenty-five dollars, which shall be paid in addition to the special plate fee of twenty-five dollars. The fees collected by the director under this subsection shall be paid monthly to the treasurer of state and deposited in the road use tax fund. The treasurer of state shall transfer monthly from the statutory allocations fund created under section 321.145, subsection 2, to the economic development authority the amount of the special plate fees collected in the previous month for the Olympic plates and such funds are appropriated to the economic development authority for distribution to one or more statewide nonprofit organizations authorized by the United States Olympic committee to benefit from the use of the committee’s five-ring logo and whose primary mission is to provide sports, recreation, health, and wellness opportunities for Iowans of all abilities. Notwithstanding section 8.33, moneys transferred under this subsection shall not revert to the general fund of the state.
   d.  Upon receipt of the special registration plates, the applicant shall surrender the current registration plates to the county treasurer. The county treasurer shall validate the special registration plates in the same manner as regular registration plates are validated under this section. The annual special plate fee for letter-number designated Olympic plates is twenty-five dollars, which shall be paid in addition to the regular annual registration fee. The annual fee for personalized Olympic plates is five dollars, which shall be paid in addition to the annual special plate fee and the regular annual registration fee. The annual special plate fee shall be credited and transferred as provided under paragraph “c”.
    Sec. 2.  Section 321.145, subsection 2, paragraph b, subparagraph (3), Code 2013, is amended to read as follows:
   (3)  The amounts required to be transferred pursuant to section 321.34 from revenues available under this subsection shall be transferred and credited as provided in section 321.34, subsections 7, 10, 10A, 11, 11A, 11B, 13, 16, 17, 18, 19, 20, 20A, 20B, 20C, 21, 22, 23, 24, 25, and 26, and 27 for the various purposes specified in those subsections.
EXPLANATION
   This bill provides for the issuance of an Olympic motor vehicle registration plate to be designed by the department of transportation in consultation with the Iowa sports foundation.
   The special plate fee for issuance of Olympic plates is $25. An applicant for personalized Olympic plates must pay the $5 personalized plate fee in addition to the $25 special plate fee. The renewal fee for Olympic plates is $25, in addition to the annual vehicle registration fee. For renewal of personalized Olympic plates, a $5 personalized plate renewal fee applies in addition to the $25 Olympic plate renewal fee and the annual registration fee. All registration fees are deposited in the road use tax fund.
   The bill directs that an amount equal to $25 from each Olympic special plate fee and $25 from each Olympic plate renewal fee be transferred monthly from the statutory allocations fund to the economic development authority. The transferred funds are appropriated to the authority for distribution to one or more statewide nonprofit organizations authorized by the United States Olympic committee to benefit from the use of the committee’s five-ring logo and whose primary mission is to provide sports, recreation, health, and wellness opportunities for Iowans of all abilities.