Provides a one time fee for the registration of historic motor vehicles

This bill changes the registration fee for historic motor vehicles in New York from an annual charge to a one-time $100 fee. It applies to owners of vehicles manufactured more than 25 years ago or designated as having historical, classic, or exhibition value by the state. The law allows owners to use restored original model-year license plates if they meet specific standards, and requires proof of financial security (like insurance) for registration. These vehicles must not be used for general daily transportation, only for special purposes like exhibitions or club events.