A. On receipt of an application and payment of the fee prescribed by this section, the Commissioner shall issue special license plates bearing the legend FRIENDS OF TIBET.
B. The annual fee for plates issued pursuant to this section 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 paid into the state treasury and credited to a special nonreverting fund known as the Conservancy for Tibetan Art and Culture Fund, established within the Department of Accounts. These funds shall be paid annually to the Conservancy for Tibetan Art and Culture and used to assist in its programs and activities in Virginia.
2003, c. 921.
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