Allocation of revenue from specialty earmarked plates

(a) Effective July 1, 1998, and for all subsequent fiscal years, the revenues produced from the sale or renewal of specialty earmarked motor vehicle registration plates as defined in § 55-4-201, after deducting the expense the department has incurred in designing, manufacturing and marketing the plates, shall be allocated in each fiscal year as earmarked or specified in the statute authorizing the issuance of each individual specialty earmarked plate. Ask a traffic law question, get an answer ASAP!Thousands of highly rated, verified traffic lawyers. Parking violations, accidents, DUI/DWI, licensing, registration, and more Protect your vehicle and your rights with expert legal help now 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.Statute: A law passed by a legislature.Vehicle: means every device in, upon or by which any person or property is or may be transported or drawn upon a highway, excepting devices used exclusively upon stationary rails or tracks. See Tennessee Code 55-8-101(b) Nothing in this section shall be construed as reallocating the revenues produced from the regular motor vehicle registration fees, or renewals thereof, imposed by part 1 of this chapter. The revenues shall be allocated in accordance with § 55-6-107.