(1) An owner or lessee of a motor vehicle who is a resident of this state, 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 environmental specialty earmarked plate for a motor vehicle authorized by § 55-4-210(c).
(2) All revenues produced from the sale of environmental plates, minus the costs the state has incurred in designing, marketing and manufacturing the plates, shall be allocated to the division of state parks in the department of environment and conservation to be used solely for the planting and cultivation of trees, shrubs, plants, and flowers and for the maintenance of trees, shrubs, plants and flowers and for making grants to universities in Tennessee for the development of new methods of treating pests that threaten trees and other vegetation at parks.