Section 32-6-68 Annual fee; distribution of fees. - Alabama Statutes

Section 32-6-68

Annual fee; distribution of fees.

(a) Effective January 1, 1997, each new distinctive license plate issued shall require, in addition to the standard registration fee, an additional annual fee of fifty dollars ($50).

(b) The additional license plate fee as provided for in subsection (a) shall be distributed in the following manner:

(1) Two and one-half percent commission, provided by Section 40-12-269(a)(1).

(2) Manufacturing costs of one dollar and fifty cents ($1.50) to the Department of Corrections.

(3) Administrative costs of one dollar ($1) to the Department of Revenue.

(4) State shares of five dollars ($5) shall be transmitted to the State Comptroller for deposit into the Penny Trust Fund as established by Amendment 512 of the Constitution of Alabama of 1901.

(5) The remainder of the additional fee shall be distributed to the sponsoring organization or as otherwise provided under the terms of the application approved by the legislative oversight committee.

(c) The distribution of fees for tags which were authorized by legislative act before January 1, 1998, shall continue in effect, any other provision of law to the contrary notwithstanding.

(Acts 1997, No. 97-633, p. 1148, §2.)