HB 2384 Summary

• Establishes separate community college collegiate special plate funds for each community college district, funded by $17 annual donations from special plate fees.

• Requires community colleges to submit expenditure plans for approval and use all fund monies exclusively for academic scholarships, with annual reporting on minority applicant assistance.

• Allows community college districts to delegate marketing and promotion of special plates to approved community college foundations, with no additional fees permitted beyond those specified in statute.

• Makes community college special plate funds exempt from appropriation lapsing laws and allows the state treasurer to invest inactive monies with interest credited back to the fund.

• Amends existing law to extend collegiate special plate provisions to community colleges, mirroring similar requirements already established for universities.