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2011 SESSION

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10102274D
SENATE BILL NO. 170 Offered January 13, 2010 Prefiled January 11, 2010 A BILL to amend and reenact § 46.2-746.8 of the Code of Virginia, relating to special license plates; Association of Realtors. ---------- Patron-- Houck ---------- Referred to Committee on Transportation ----------

Be it enacted by the General Assembly of Virginia:

1.  That § 46.2-746.8 of the Code of Virginia is amended and reenacted as follows:

§ 46.2-746.8. Special license plates for members of certain occupational associations.

A. On receipt of an application and written evidence that the applicant is a member of such organization, the Commissioner shall issue special license plates to members of the following organizations: the International Association of Firefighters, the Association of Realtors, and the Society of Certified Public Accountants.

B. The annual fee for plates issued to members of the Association of Realtors shall be $25 in addition to the prescribed fee for state license plates. For each such $25 fee collected in excess of 1,000 registrations pursuant to this section, $15 shall be deposited into the state treasury and credited to a special nonreverting fund known as the Virginia Housing Trust Fund established within the Department of Accounts. These funds shall be paid annually to the Virginia Housing Trust Fund and used to support affordable housing options in the Commonwealth. All other fees imposed under the provisions of this subsection shall be paid to, and received by, the Commissioner of the Department of Motor Vehicles, and paid by him into the state treasury and set aside as a special fund to be used to meet the necessary expenses incurred by the Department of Motor Vehicles.

2. That, notwithstanding the foregoing provisions of this act, special license plates issued to members of the Association of Realtors prior to July 1, 2010, shall remain valid until their expiration date, but shall be renewed thereafter under the provisions of subsection B of this act.