(a) The Secretary of the Department of Finance and Administration shall create and issue a special license plate for the Arkansas Future Farmers of America Association in the manner and subject to the conditions provided for under this subchapter.
(b) The Arkansas Future Farmers of America motor vehicle special license plate shall be:
(1)
(A) Designed by the association.
(B) The design shall be submitted for design approval by the secretary under rules promulgated by the secretary; and
(2) Numbered consecutively.
(c) The procedures concerning costs for issuance under § 27-24-1404(c)(1)(A) shall apply.
(d) The Department of Finance and Administration 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) Twenty-five dollars ($25.00) to cover the design-use contribution.
(B) The design-use contribution shall be remitted monthly to the association; and
(3)
(A) A handling and administrative fee of ten dollars ($10.00).
(B) The handling and administrative fee shall be:
(i) Deposited into the State Central Services Fund for the benefit of the Revenue Division of the Department of Finance and Administration; and
(ii) Credited to the Revenue Division as supplemental and in addition to all other funds that may be deposited for the benefit of the Revenue Division.
(C) The handling and administrative fee shall not be considered or credited to the Revenue 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 Revenue Division shall remit the fees collected under § 27-24-1405(b)(2) on a monthly basis as set forth in subdivision (d)(2)(B) of this section.