1.__Definition. "Recognition license plate" means a specially designed registration plate that may be used in place of the regular plate and registration for recognition purposes only and is not used for fundraising purposes.

2.__Sponsor.__A person shall register with the Secretary of State as the sponsor of a recognition license plate.

3.__Names, signatures and payment.__The Secretary of State may not manufacture an authorized recognition license plate unless a sponsor under subsection 2 pays in advance for the manufacture of at least 2,000 pairs of the recognition license plate and provides a list with 2,000 names, signatures and current plate numbers of supporters who intend to purchase the recognition license plate.__A payment of $40,000 for 2,000 pairs of plates at $20 per pair must be deposited in the Specialty License Plate Fund established under section 469.__After 2,000 pairs of plates are purchased or 5 years have passed from the date the plate is authorized, whichever occurs first, the Secretary of State shall reimburse $20,000 to the sponsor of the plate from the Specialty License Plate Fund.

4.__Registration fee.__The fee for the recognition license plate is the regular motor vehicle registration fee required by section 501 and the excise tax required by Title 36, section 1482.

5.__Minimum number manufactured.__The Secretary of State shall manufacture a minimum of 2,000 recognition license plates for each recognition license plate authorized under this section.

6.__Design approval.__A sponsor must submit a proposed design for a recognition license plate for approval or modification by the Secretary of State.__The joint standing committee of the Legislature having jurisdiction over transportation matters shall review the final design for a recognition license plate prior to the manufacture of the plate.

7.__Duplicate plates.__The Secretary of State shall issue a recognition license plate in a 3-number and 3-letter combination sequence.__Vanity plates may not duplicate vanity plates issued in another class of plate.

8.__Deadline for Secretary of State approval.__The sponsor shall submit to the Secretary of State the names, signatures,