(a) An owner or lessee of a motor vehicle who is a resident of this state and who wishes to promote agriculture in Tennessee through market development, education, and awareness, upon complying with state motor vehicle laws relating to registration and licensing of motor vehicles, and paying the regular fee applicable to the motor vehicle and the fee provided for in § 55-4-204, shall be issued an agriculture specialty earmarked license plate for a motor vehicle authorized by § 55-4-210(c).
(b)
(1) The additional fee imposed by § 55-4-204 for the issuance of agricultural specialty earmarked license plates, minus the expense the state has incurred in designing and manufacturing the plates, shall be earmarked for and appropriated to the department of agriculture for deposit in the agricultural development fund.
(2) The agricultural development fund shall be used exclusively for funding projects and activities that promote market development for agricultural products, as well as promoting information, education, and awareness about agriculture in Tennessee.
(3) The commissioner of agriculture may issue grants from the agricultural development fund for the purposes set forth in this section.
(4) Moneys in the agricultural development fund shall not revert to the general fund at the end of any fiscal year, but shall be carried forward in a reserve fund into the next fiscal year to be reappropriated for the purposes set forth in this section. All interest accruing on investments and deposits in the agricultural development fund not otherwise expended shall be returned to and made a part of the fund.
(c) The specialty earmarked plates provided for in this section shall be designed in consultation with the commissioner of agriculture.
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