It’s All About The Plates!

The Nantucket specialty license plate is still available for pre-order here:

Screen Shot 2015-01-12 at 1.39.45 PM

 www.nantucketlicenseplate.org

When MassDOT receives 1,500 paid applications, the plates will go into production. After the first 1,500 plates are delivered, the specialty license plates will be made available at RMV locations across Massachusetts. Today, over 1,400 applications have been received.

Screen Shot 2015-01-12 at 12.04.17 PM

 The initial registration fee set by the state is $40, of which $12 goes to cover the state’s production cost of the plate and $28 returns to Nantucket. Note that this $28 is tax-deductible for the applicant. There is an additional one-time $20 swap fee charged by the state when applicants pick up their plate at their local RMV. A renewal fee set by the State of Massachusetts will be due every two years. For future renewals, the entire renewal fee will benefit Island non-profits.

 The Nantucket Lighthouse School originally agreed to serve as the principle non-profit sponsor, and has devoted hundreds of hours to the effort to make a Nantucket license plate a reality. In keeping with the School’s community-minded spirit, it has committed to donating 50% of net proceeds to other island non-profits that benefit children. This will be done through rewarding partners that bring in applications during the drive to reach 1,500 applications, and an independent fund administered by the Community Foundation for Nantucket.

 The License Plate Committee has invited other island non-profits to participate as “Partners” in the initial marketing effort and benefit directly once the 1,500 completed application threshold has been met. During the pre-production phase each Partner organization will receive, for each application they generate designating their organization as beneficiary, 100% of the non-profit proceeds ($28) returned to the Island from the initial registration fee. For those Partner organizations that bring in 75 applications or more, they will receive a pro-rata revenue stream so long as the program is in existence with the state.

We can do this Nantucket!

Translate »