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Title XIX MOTOR VEHICLES, WATERCRAFT AND AVIATION

Chapter 301

Effective - 28 Aug 2013 bottom

  301.3033.  Military license plate application, voluntary contribution to World War I memorial trust fund — fund established. — 1.  Whenever a vehicle owner pursuant to this chapter makes an application for a military license plate, the director of revenue shall notify the applicant that the applicant may make a voluntary contribution of ten dollars to the World War I memorial trust fund established pursuant to this section.  Whenever a vehicle owner pursuant to this chapter makes an application for a license plate, other than a military license plate previously described, the director of revenue shall notify the applicant that the applicant may make a voluntary contribution of one dollar to the World War I memorial trust fund established pursuant to this section.  The director shall transfer all contributions collected to the state treasurer for credit to and deposit in the trust fund.

  2.  There is established in the state treasury the "World War I Memorial Trust Fund".  The state treasurer shall credit to and deposit in the World War I memorial trust fund all amounts received pursuant to subsection 1 of this section and any other amounts which may be received from grants, gifts, bequests, the federal government, or other sources granted or given for purposes of this section.

  3.  The Missouri veterans' commission shall administer the trust fund established pursuant to this section.  The trust fund shall be used for the sole purpose of restoration, renovation, and maintenance of a memorial or museum or both dedicated to World War I in any home rule city with more than four hundred thousand inhabitants and located in more than one county.

  4.  The state treasurer shall invest moneys in the trust fund in the same manner as surplus state funds are invested pursuant to section 30.260.  All earnings resulting from the investment of moneys in the trust fund shall be credited to the trust fund.  The general assembly may appropriate moneys annually from the trust fund to the department of revenue to offset costs incurred for collecting and transferring contributions pursuant to subsection 1 of this section.  The provisions of section 33.080 requiring all unexpended balances remaining in various state funds to be transferred and placed to the credit of the general revenue fund of this state at the end of each biennium shall not apply to the trust fund.

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(L. 2013 S.B. 252)


---- end of effective   28 Aug 2013 ----

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