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Ch. 136
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Martin O'Malley, Governor
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(2) (i) The Administration shall set the additional initial
registration fee at a level that will enable the Administration to recover its costs under
this section.
(ii) The Administration may set the additional initial
registration fee at a level that is sufficient to result in a surplus after costs are
subtracted.
(iii) The Administration shall retain a portion of the additional
initial registration fee that is sufficient to allow the Administration to recover any
costs of issuing and distributing commemorative plates under this section.
(iv) Any surplus moneys remaining after the Administration has
recovered the costs of issuing a commemorative plate under this section and moneys
collected for additional renewal fees may not be retained by or transferred to any
agency of the State for any purpose.
(v) Notwithstanding subparagraph (iv) of this paragraph, the
surplus moneys and moneys collected for additional renewal fees may be retained for
the purpose described in paragraph (3) of this subsection.
(3) The surplus moneys and moneys collected for additional renewal
fees shall be disbursed by the Administration to a nonprofit organization that is:
(i) Closely related to the geographical, historical, natural
resource, or environmental theme which the plate commemorates; and
(ii) Designated by the Administration under subsection (e) of
this section.
(4) No portion of the additional initial registration or renewal fees may
be credited to the Gasoline and Motor Vehicle Revenue Account for distribution under
§ 8-403 or § 8-404 of this article.
(e) (1) The Administration shall adopt regulations not inconsistent with
the Maryland Vehicle Law to govern the issuance of special registration plates under
this section.
(2) Before designating any nonprofit organization to receive any
surplus moneys or moneys collected for additional renewal fees and before distributing
the moneys to any nonprofit organization, the Administration shall adopt regulations
specific to each new commemorative plate detailing:
(i) The name and nature of the nonprofit organization receiving
the money;
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- 1197 -
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