(a)  The administrator of the division of motor vehicles is empowered to make available special motor vehicle registration plates for the not-for-profit The Rose Island Lighthouse Foundation, Inc. The plates shall be designed to reference The Rose Island Lighthouse Foundation, Inc.

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(b)  The special plate shall be displayed upon the same registration number assigned to the vehicle for which it was issued, and shall be used in place of and in the same manner as the registration plates issued to the vehicle. The original registration plates for the vehicle shall be removed from the vehicle and returned to the division of motor vehicles. The registration certificate for the plates shall be carried in the vehicle, in accordance with § 31-3-9. The registration certificate shall be in effect for the special plate.

(c)  The Rose Island Lighthouse Foundation, Inc. motor vehicle plates shall be the same size as regular motor vehicle plates, and shall be designed by The Rose Island Lighthouse Foundation, Inc., in conjunction with the division of motor vehicles, with the design approved by the Rhode Island state police.

(d)  The Rose Island Lighthouse Foundation, Inc. plates shall be subject to a minimum pre-paid order of at least six hundred (600) sets of plates per plate type (i.e., passenger, commercial, etc.). The Rose Island Lighthouse Foundation, Inc. plates shall not be issued unless the minimum order requirements are met. The initial order will be handled by The Rose Island Lighthouse Foundation, Inc., and shall not be submitted to the division of motor vehicles for production until the minimum order(s) have been met, and the proper paperwork submitted to the division.

(e)  The administrator of the division of motor vehicles shall develop pre-payment procedures and any other procedures deemed necessary to carry out the purposes of this section.

(f)  In addition to the regular prescribed motor vehicle registration fee, The Rose Island Lighthouse Foundation, Inc. plates shall be subject to a forty-dollar ($40.00) issuance surcharge.

(g)  The forty-dollar ($40.00) issuance surcharge shall be allocated as follows: Twenty dollars ($20.00) shall be allocated to the general fund and the remaining twenty dollars ($20.00) shall be distributed annually to The Rose Island Lighthouse Foundation, Inc., to assist in the fiscal needs required to maintain and protect this historic site for all to enjoy, and to continue in the fostering of The Rose Island Lighthouse Foundation, Inc. presence as an asset to Rhode Island’s economic growth and prosperity.

(h)  A ten-dollar ($10.00) surcharge for subsequent registration renewals shall be allocated to The Rose Island Lighthouse Foundation, Inc.

(i)  In consideration of the receipt of funds from the registration of The Rose Island Lighthouse Foundation, Inc. license plates, the foundation must use any Rhode Island sourced funds in, and for the benefit of, Rhode Island-based charitable organizations.

(j)  The Rose Island Lighthouse Foundation, Inc. shall be required to submit an annual accounting report before such monies are distributed.

(k)  There shall be no refunds for early cancellation of The Rose Island Lighthouse Foundation, Inc. plates.