November 27, 2014
CARSON CITY, Nev. (AP) - A legislative panel has suspended money from special license plates to a wild horse advocacy group until the group can show proper accounting of its finances.
The Las Vegas Review-Journal reports the Nevada Legislature's Commission on Special License Plates voted unanimously Monday to sequester any money from the sale of the plates at least until September 2013.
In the meantime, the organization Horse Power must prove steps are taken to ensure board members approve all expenditures and that money is only spent to assist wild horses and burros.
Horse Power receives about $90,000 a year from the sale and annual renewal of about 4,700 special license plates.
A legislative audit earlier this year found that the organization had "fabricated" its books to show revenue and expenditures were in balance.
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