00 CS FOR SENATE BILL NO. 157(FIN)                                                                                       
01 "An Act establishing a children's trust motor vehicle registration plate."                                              
02 BE IT ENACTED BY THE LEGISLATURE OF THE STATE OF ALASKA:                                                               
03    * Section 1.  AS 28.10.181 is amended by adding a new subsection to read:                                          
04  (t)  Special request Alaska children's trust plates.  Upon application by the                                         
05 owner of a passenger vehicle, noncommercial van or pick-up truck, or motor home,                                        
06 the department may design and issue registration plates representing the Alaska                                         
07 children's trust under AS 37.14.200.  The department may disapprove the issuance of                                     
08 registration plates under this subsection when the requested plates are a duplication of                                
09 an existing registration.                                                                                               
10    * Sec. 2.  AS 28.10.421(d) is amended by adding a new paragraph to read:                                           
11   (14)  special request Alaska children's trust plates. . . . . . . . . . . . . $100                                   
12 plus the fee required for that vehicle under (b)(1) or (2) of this section; the fee                                    
13 required by this paragraph shall be collected only on the first issuance and the                                        
14 replacement of special request plates; the commissioner of administration shall                                         
01 separately account for the fees received under this paragraph that the department                                       
02 deposits in the general fund; notwithstanding (g) of this section, the annual estimated                                 
03 balance in the account that is in excess of the cost of issuing special request plates                                  
04 may be appropriated by the legislature into the principal of the Alaska children's trust                                
05 under AS 37.14.200.