Bill Text: MI HB4407 | 2013-2014 | 97th Legislature | Introduced
Bill Title: Vehicles; fund-raising registration plates; fund-raising registration plate for recognizing the arts; create. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811v.
Spectrum: Slight Partisan Bill (Democrat 5-3)
Status: (Introduced - Dead) 2013-03-13 - Printed Bill Filed 03/13/2013 [HB4407 Detail]
Download: Michigan-2013-HB4407-Introduced.html
HOUSE BILL No. 4407
March 12, 2013, Introduced by Reps. Geiss, Hobbs, Irwin, LaVoy, Robinson, Potvin, McBroom and Schmidt and referred to the Committee on Transportation and Infrastructure.
A bill to amend 1949 PA 300, entitled
"Michigan vehicle code,"
(MCL 257.1 to 257.923) by adding section 811v.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 811v. (1) The secretary of state shall develop under
section 811e and issue under section 811f a fund-raising plate
recognizing the arts. The secretary of state in conjunction with
the Michigan council for the arts and cultural affairs shall design
the fund-raising plate authorized in this section.
(2) The arts fund is created within the state treasury. The
state treasurer may receive money or other assets from any source
for deposit into the fund. The state treasurer shall direct the
investment of the fund. The state treasurer shall credit to the
fund interest and earnings from fund investments. Money in the fund
at the close of the fiscal year shall remain in the fund and shall
not lapse to the general fund.
(3) The secretary of state shall transfer the donation money
from the sale of fund-raising plates recognizing the arts to the
state treasurer, who shall credit the donation money to the arts
fund established under subsection (2).
(4) The state treasurer shall disburse money in the arts fund
established under subsection (2) on a quarterly basis to the
Michigan council for the arts and cultural affairs.
(5) The secretary of state shall be the administrator of the
arts fund for auditing purposes.
