HB 1301-1_ Filed 02/18/2004, 09:19

COMMITTEE REPORT

MADAM PRESIDENT:

    The Senate Committee on Transportation and Homeland Security, to which was referred House Bill No. 1301, has had the same under consideration and begs leave to report the same back to the Senate with the recommendation that said bill be AMENDED as follows:

SOURCE: Page 2, line 34; (04)CR130102.2. -->     Page 2, line 34, delete "or".
    Page 2, line 36, after "plates);" insert " or".
    Page 2, between lines 36 and 37, begin a new line double block indented and insert:
            " (CC) IC 9-18-48 (Riley Children's Foundation license plates);".
    Page 3, between lines 34 and 35, begin a new paragraph and insert:
SOURCE: IC 9-18-48; (04)CR130102.2. -->     "SECTION 2. IC 9-18-48 IS ADDED TO THE INDIANA CODE AS A NEW CHAPTER TO READ AS FOLLOWS [EFFECTIVE UPON PASSAGE]:
    Chapter 48. Riley Children's Foundation License Plates
    Sec. 1. The bureau shall design and issue a Riley Children's Foundation license plate. The Riley Children's Foundation license plate shall be designed and issued as a special group recognition license plate under IC 9-18-25.
    Sec. 2. After January 1, 2005, a person who is eligible to register a vehicle under this title is eligible to receive a Riley Children's Foundation license plate under this chapter upon doing the following:
        (1) Completing an application for a Riley Children's Foundation license plate.
        (2) Paying the fees under section 3 of this chapter.

     Sec. 3. (a) The fees for a Riley Children's Foundation license plate are as follows:
        (1) The appropriate fee under IC 9-29-5-38(a).
        (2) An annual fee of twenty-five dollars ($25).
    (b) The annual fee described in subsection (a)(2) shall be collected by the bureau.
    (c) The annual fee described in subsection (a)(2) shall be deposited in the Riley Children's Foundation trust fund established by section 4 of this chapter.

     Sec. 4. (a) The Riley Children's Foundation trust fund is established.
    (b) The treasurer of state shall invest the money in the Riley Children's Foundation trust fund not currently needed to meet the obligations of the Riley Children's Foundation trust fund in the same manner as other public trust funds are invested. Interest that accrues from these investments shall be deposited in the Riley Children's Foundation trust fund. Money in the fund is continuously appropriated for the purposes of this section.
    (c) The commissioner shall administer the Riley Children's Foundation trust fund. Expenses of administering the Riley Children's Foundation trust fund shall be paid from money in the Riley Children's Foundation trust fund.
    (d) On June 30 of each year, the commissioner shall distribute the money from the Riley Children's Foundation trust fund to the Riley Children's Foundation.

    (e) Money in the fund at the end of a state fiscal year does not revert to the state general fund.
".
    Renumber all SECTIONS consecutively.
    (Reference is to HB 1301 as printed January 30, 2004.)

and when so amended that said bill do pass.

Committee Vote: Yeas 8, Nays 0.

____________________________________

    Wyss
Chairperson


CR130102/DI 71    2004