Create the Iota Phi Theta license plate

HB 533 creates a new specialty license plate for the Iota Phi Theta Fraternity, allowing vehicle owners in Ohio to purchase plates that contribute funds directly to the fraternity's local chapter. The bill directs the state registrar to collect these contributions and transfer them to the Iota Phi Theta Fraternity, Incorporated Delta Theta Omega chapter in Ohio. The fraternity is authorized to use these funds to support scholarship, leadership, citizenship, fidelity, and brotherhood programs for men and youth within the state. This legislation establishes a permanent funding mechanism for the organization through the standard specialty plate program used for various other causes.