301.3031. Director to notify military special license plate applicants of opportunity to donate to World War II memorial trust fund--use of fund proceeds, creation of fund.
Director to notify military special license plate applicants ofopportunity to donate to World War II memorial trust fund--use offund proceeds, creation of fund.
301.3031. 1. Whenever a vehicle owner pursuant to this chapter makesan application for a military license plate, the director of revenue shallnotify the applicant that the applicant may make a voluntary contributionof ten dollars to the World War II memorial trust fund established pursuantto this section. The director shall transfer all contributions collectedto the state treasurer for credit to and deposit in the trust fund.
2. There is established in the state treasury the "World War IIMemorial Trust Fund". The state treasurer shall credit to and deposit inthe World War II memorial trust fund all amounts received pursuant to thissection, and any other amounts which may be received from grants, gifts,bequests, the federal government, or other sources granted or given forpurposes of this section.
3. The Missouri veterans' commission shall administer the trust fund.The trust fund shall be used to participate in the funding of the NationalWorld War II Memorial to be located at a site dedicated on November 11,1995, on the National Mall in Washington, D.C.
4. The state treasurer shall invest moneys in the trust fund in thesame manner as surplus state funds are invested pursuant to section 30.260,RSMo. All earnings resulting from the investment of moneys in the trustfund shall be credited to the trust fund. The general assembly mayappropriate moneys annually from the trust fund to the department ofrevenue to offset costs incurred for collecting and transferringcontributions pursuant to subsection 1 of this section. The provisions ofsection 33.080, RSMo, requiring all unexpended balances remaining invarious state funds to be transferred and placed to the credit of theordinary revenue fund of this state at the end of each biennium shall notapply to the trust fund.
(L. 2000 H.B. 1797)