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MI HB5323
Bill
Status
1/31/2012
Primary Sponsor
Jeffry Farrington
Click for details
AI Summary
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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.
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Directs the State Treasurer to credit to the fund all amounts appropriated under section 435 of the Michigan Income Tax Act of 1967.
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Fund consists of appropriated money, interest and earnings from investments, and other gifts or donations received.
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Money in the fund is available for distribution to counties based on contributions, gifts, or donations received from those counties.
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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