Bill Text: MI HB5083 | 2015-2016 | 98th Legislature | Introduced

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Bill Title: Vehicles; fund-raising registration plates; fund-raising registration plate for the Knights of Columbus; create. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811tt.

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2015-12-02 - Printed Bill Filed 12/02/2015 [HB5083 Detail]

Download: Michigan-2015-HB5083-Introduced.html

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HOUSE BILL No. 5083

December 1, 2015, Introduced by Rep. Lucido 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 811tt.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 811tt. (1) The secretary of state shall develop under

 

section 811e and issue under section 811f a fund-raising plate

 

recognizing the Michigan State Council of the Knights of Columbus.

 

The secretary of state shall design the fund-raising plates

 

authorized in this section.

 

     (2) The Michigan State Council of the Knights of Columbus 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. The state treasurer shall be the administrator of the fund

 

for auditing purposes.

 

     (3) The secretary of state shall transfer the donation money

 

from the sale of fund-raising plates recognizing the Michigan State

 

Council of the Knights of Columbus to the state treasurer, who

 

shall credit the donation money to the fund established under

 

subsection (2).

 

     (4) The state treasurer shall disburse money in the fund

 

established under subsection (2) on a quarterly basis to the

 

Michigan State Council of the Knights of Columbus.

 

     Enacting section 1. This amendatory act takes effect 90 days

 

after the date it is enacted into law.