HB 2532 Summary

• Establishes tribally accredited institution of higher education special license plates, contingent on a $32,000 implementation fee paid to the department by December 31, 2022.

• Sets special plate fees at $25 total, comprising $8 for special plate administration (deposited to state highway fund) and $17 as an annual donation.

• Creates the tribally accredited institution of higher education special plate fund to receive donations, with the first $32,000 reimbursed to the implementation fee payer and up to 10% of annual deposits allowed for fund administration.

• Requires the director to annually allocate remaining fund monies to a tribally accredited institution of higher education that is a 501(c)(3) charitable organization, operates exclusively for educational purposes, and is the first tribal college in the United States.

• Amends Arizona Revised Statutes sections relating to license plates and state highway fund sources to include the new special plate category in relevant statutory provisions.