In this section, “historic motor vehicle” means a motor vehicle, including a passenger vehicle, motorcycle, or truck that: Is a model year of 1999 or earlier; Has not been substantially altered from the manufacturer’s original design; and Meets criteria contained in regulations adopted by the Administration. In this section, “historic motor vehicle” does not include a vehicle that has been remanufactured or reconstructed as a replica of an original vehicle. If registered with the Administration under this section, every historic motor vehicle is a Class L (historic) vehicle. Except as provided in subsection (i) of this section, for each Class L (historic) vehicle, the annual registration fee is: On or after July 1, 2024, but before July 1, 2025, $45.50; and On or after July 1, 2025, $55.50. In applying for registration of a historic motor vehicle under this section, the owner of the vehicle shall submit with the application a certification that the vehicle for which the application is made: Will be maintained for use in exhibitions, club activities, parades, tours, and occasional transportation; and Will not be used: For general daily transportation; Primarily for the transportation of passengers or property on highways; For employment; For transportation to and from employment or school; or For commercial purposes. Except as provided in § 13–936.1 of this subtitle, on registration of a vehicle under this section, the Administration shall issue a special, historic motor vehicle registration plate of the size and design that the Administration determines. Unless the presence of the equipment was specifically required by a statute of this State as a condition of sale when the vehicle was manufactured, the presence of any specific equipment is not required for the operation of a vehicle registered under this section. A vehicle with a model year of 1985 or earlier registered under this section is exempt from any statute that requires vehicle inspections. A vehicle registered under this section is exempt from any statute that requires the use and inspection of emission controls. For a motor vehicle manufactured at least 60 years prior to the current model year, there is a onetime registration fee of $50.00. Registration of a motor vehicle manufactured under this subsection is not transferable to a subsequent owner.