(a) The Secretary of the Department of Finance and Administration shall issue a special license plate for the Little Rock Air Force Base in the manner and subject to the conditions provided for under this subchapter.
(b) The special Little Rock Air Force Base motor vehicle license plate shall be:
(1) Designed by the Department of Finance and Administration in consultation with Airpower Arkansas; and
(2) Numbered consecutively.
(c) The secretary shall determine the cost for the issuance of the special license plate under this section as follows:
(1) The fee for the cost of initial orders of the new design, which shall be based on the cost of the initial order;
(2) The number of applications that must be received to cover the cost of the initial order of the new design; or
(3) The combination of subdivisions (c)(1) and (2) of this section that must be received to cover the cost of the initial order of the new design.
(d) The department shall issue a special license plate under this section upon payment of:
(1) The fee required by law for registration of the motor vehicle;
(2)
(A) A fee not to exceed twenty-five dollars ($25.00) for the design-use contribution by Airpower Arkansas.
(B) The department shall remit the fees collected under this subdivision (d)(2) on a monthly basis to Airpower Arkansas; and
(3) A handling and administrative fee of ten dollars ($10.00) that is:
(A) Deposited into the State Central Services Fund for the benefit of the Revenue Division of the Department of Finance and Administration;
(B) Credited to the division as supplemental and in addition to all other funds deposited for the benefit of the division; and
(C) Not considered or credited to the division as direct revenue.
(e)
(1) A special license plate issued under this section may be renewed annually or replaced under the procedures set out in § 27-24-1405.
(2) However, the division shall remit the fees collected under § 27-24-1405(b)(2) on a monthly basis to Airpower Arkansas.