Thursday, April 24, 2014

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Vanity plates drum up state revenue

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TWC News: Vanity plates drum up state revenue
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Ever wonder the story behind those specialty license plates you see on the road?

Austin Business Journal Editor Colin Pope said while the vanity plates are produced by a private company, they still generate revenue for the state.

My Plates LLC, based right here in Austin, is a 32-person company under contract with the Texas Department of Public Safety.

My Plates is on track to generate $25 million for the state over five years. Find out more in this edition of “Business Now” in the video above.

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