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Code · Louisiana · Title 47 — Revenue and Taxation

RS 47:463.205

366 words·~2 min read·/la/title-47/47-2507

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RS 47:463.205
§463.205. Special prestige license plate; "Louisiana REALTORS"
A. The secretary of the Department of Public Safety and Corrections shall establish a special prestige motor vehicle license plate to be known as the "Louisiana REALTORS" plate, provided there is a minimum of one thousand applicants for such plate. The plate shall be restricted to use on passenger cars, pickup trucks, recreational vehicles, motorcycles, and vans.
B. The secretary shall work in conjunction with the Louisiana REALTORS to select the color and design of the plate, provided it is in compliance with R.S. 47:463(A)(3). The design shall include the words "Louisiana REALTORS".
C. The special prestige license plate shall be issued, upon application, to any member or affiliate of the Louisiana REALTORS upon verifying membership in a manner that is mutually determined by the secretary and the board of directors of the Louisiana REALTORS.
D. The department shall collect an annual royalty fee of ten dollars that shall be disbursed in accordance with Subsection E of this Section. This fee shall be in addition to the standard motor vehicle license tax imposed by Article VII, Section 5 of the Constitution of Louisiana, and a handling fee of three dollars and fifty cents for each plate to be retained by the department to offset a portion of administrative costs.
E.(1) The annual royalty fee shall be collected by the department and forwarded to the Louisiana REALTORS Association Relief Fund. The monies in the fund shall be utilized to provide financial relief to realtors and others following a disaster and as permitted by that entity's bylaws.
(2)The amount forwarded to the Louisiana REALTORS Association Relief Fund shall be deemed to be a charitable donation to that entity by the applicant.
(3)Application for the license plate created pursuant to this Section shall constitute prior written consent and instruction by the applicant to the department to provide his name, address, and birth date to the Louisiana REALTORS. The secretary shall ensure that the application for the plate includes a statement granting such consent.
F. The secretary shall promulgate and adopt rules and regulations as are necessary to implement the provisions of this Section.
Acts 2019, No. 72, §1.
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