I move that House Bill 1095 be amended to read as follows:
Page 5, between lines 17 and 18, begin a new paragraph and
insert:
SECTION 6. IC
9-18-46.2-6
, AS ADDED BY P.L.222-1999,
SECTION 13, IS AMENDED TO READ AS FOLLOWS
[EFFECTIVE UPON PASSAGE]: Sec. 6. (a) This section applies with
regard to a state educational institution trust license plate supporting
a state educational institution in a year following a year:
(1) in which at least ten thousand (10,000) of the state
educational institution trust license plates are sold or renewed;
and
(2) beginning after December 31, 1998.
(b) The treasurer of state shall establish a special account within
a trust fund for each state educational institution described in
subsection (a)(1).
(c) The bureau shall require a person who purchases a state
educational institution trust license plate under this section to
designate the state educational institution the person chooses to receive
the annual fee that the person pays under section 5(2) of this chapter
as the corresponding state educational institution designated in section
4 of this chapter.
(d) The treasurer of state shall deposit the annual fee collected
under section 5(2) of this chapter into a special account within a trust
fund for the state educational institution designated by the purchaser
in subsection (c).
(e) The treasurer of state shall invest the money in the special
account not distributed in the same manner as other public trust funds
are invested. Interest that accrues from these investments shall be
deposited in the special account.
(f) The auditor of state monthly shall distribute the money from
the special account to the state educational institution's authorized
alumni association.
(g) Money in the special account at the end of a state fiscal year
does not revert to the state general fund.
(h) The bureau shall maintain a sufficient supply of the state
educational institution trust license plates in each branch and partial
service walk-up location to provide a plate to a purchaser at the time
of sale.
(i) A person who purchases a state educational institution trust
license plate shall at the time of purchase or renewal of the state
educational institution trust license plate give written consent for the
release of the name and address of the purchaser solely for the purpose
of acknowledgment of purchase of the state educational institution
trust license plate to a representative designated and authorized to
receive the personal information by the state educational institution."
Renumber all SECTIONS consecutively.
(Reference is to hb 1095 as printed February 9, 2001.)