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MI HB5323

Bill

Status

Introduced

1/31/2012

Primary Sponsor

Jeffry Farrington

Click for details

Origin

House of Representatives

96th Legislature

AI Summary

  • Creates the ALS of Michigan ("Lou Gehrig's disease") fund within the Department of Treasury to support research, patient services, and multidisciplinary ALS clinics in Michigan.

  • Directs the State Treasurer to credit to the fund all amounts appropriated under section 435 of the Michigan Income Tax Act of 1967.

  • Fund consists of appropriated money, interest and earnings from investments, and other gifts or donations received.

  • Money in the fund is available for distribution to counties based on contributions, gifts, or donations received from those counties.

  • Unexpended funds at year-end remain in the fund and do not lapse to the general fund.

Legislative Description

Income tax; other; ALS of Michigan ("Lou Gehrig's disease") fund; provide for. Creates a new act.

Income tax, other

Last Action

Referred To Committee On Finance

9/11/2012

Committee Referrals

Finance9/11/2012
Tax Policy1/31/2012

Full Bill Text

No bill text available