Bill Text: MI SB0308 | 2015-2016 | 98th Legislature | Introduced

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Bill Title: Vehicles; fund-raising registration plates; specialty plates for black Greek letter organizations; create and earmark. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811bb.

Spectrum: Partisan Bill (Democrat 5-0)

Status: (Introduced - Dead) 2015-04-30 - Referred To Committee On Transportation [SB0308 Detail]

Download: Michigan-2015-SB0308-Introduced.html

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SENATE BILL No. 308

 

 

April 30, 2015, Introduced by Senators YOUNG, KNEZEK, HOOD, JOHNSON and ANANICH and referred to the Committee on Transportation.

 

 

 

     A bill to amend 1949 PA 300, entitled

 

"Michigan vehicle code,"

 

(MCL 257.1 to 257.923) by adding section 811bb.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 811bb. (1) The secretary of state may develop under

 

section 811e and issue under section 811f fund-raising plates

 

recognizing black Greek letter organizations in this state. For

 

each fund-raising plate developed under this section, the secretary

 

of state in conjunction with the organization being recognized by

 

the fund-raising plate shall design the fund-raising plate.

 

     (2) The black Greek letter organization 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 each fund-raising plate recognizing a black Greek

 

letter organization to the state treasurer, who shall credit the

 

donation money to the black Greek letter organization fund created

 

in subsection (2).

 

     (4) Except as provided in subsection (5), for each fund-

 

raising plate authorized by this section, the state treasurer shall

 

disburse money in the black Greek letter organization fund created

 

in subsection (2) on a quarterly basis to the state scholarship

 

fund of the black Greek letter organization being recognized by

 

that fund-raising plate.

 

     (5) If a black Greek letter organization recognized by a fund-

 

raising plate authorized by this section does not have a state

 

scholarship fund, the state treasurer shall credit the donation

 

money from that fund-raising plate to the United Negro College

 

Fund.

 

     (6) The secretary of state shall be the administrator of the

 

black Greek letter organization fund created in subsection (2) for

 

auditing purposes.

 

     (7) As used in this section, "black Greek letter organization"

 

means 1 of the following:

 

     (a) Alpha Kappa Alpha Sorority, Inc.

 

     (b) Alpha Phi Alpha Fraternity, Inc.

 

     (c) Delta Sigma Theta Sorority, Inc.

 

     (d) Iota Phi Theta Fraternity, Inc.

 

     (e) Kappa Alpha Psi Fraternity, Inc.

 

     (f) Omega Psi Phi Fraternity, Inc.

 

     (g) Phi Beta Sigma Fraternity, Inc.

 

     (h) Sigma Gamma Rho Sorority, Inc.

 

     (i) Zeta Phi Beta Sorority, Inc.