SB 5833 - DIGEST

(DIGEST AS ENACTED)

Authorizes special license plates to recognize the Gonzaga University alumni association.

Creates the Gonzaga University alumni association account in the custody of the state treasurer.

Provides that funds in the account must be disbursed subject to the following conditions and limitations: (1) Pursuant to the requirements set out in RCW 46.16.765, the department must contract with a qualified nonprofit organization to provide scholarship funds to needy and qualified students attending or planning to attend Gonzaga University.

(2) For the purposes of this act, a "qualified nonprofit organization" means a not-for-profit corporation incorporated and operating exclusively in Washington that has received a determination of tax exempt status under section 501(c)(3) of the federal internal revenue code. The organization must have been established for the express purpose of providing student scholarships to Gonzaga University.

Requires the qualified nonprofit organization to meet all requirements set out in RCW 46.16.765.