Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
House narrows specialty plate revenues, caps and sets endowment for Utah Historical Society
Summary
The House passed fourth substitute H.B. 324 (special group license plate amendments), directing a capped share of revenues from the popular black license plate to the Utah Historical Society, creating a $10 million endowment and allowing corporate specialty plates if revenue is used for charitable purposes; the bill passed 66-3.
Representative Peterson presented fourth substitute H.B. 3 24, describing the measure as a fiduciary clarification for specialty license-plate revenues after rapid growth in proceeds from the popular black plate. Peterson said the bill directs $2 per plate to the historical society with a $500,000 cap and authorizes a $3.5 million appropriation to create a $10 million endowment intended to produce about $500,000 annually for the society.
"The…
Already have an account? Log in
Subscribe to keep reading
Unlock the rest of this article — and every article on Citizen Portal.
- Unlimited articles
- AI-powered breakdowns of topics, speakers, decisions, and budgets
- Instant alerts when your location has a new meeting
- Follow topics and more locations
- 1,000 AI Insights / month, plus AI Chat
