MI HB5324

Allows individuals to designate contributions of $5.00 or more from their state income tax refunds to the ALS of Michigan ("Lou Gehrig's disease") fund, effective for the 2012 tax year and thereafter.

Removes the prostate cancer research fund, Amanda's fund for breast cancer prevention and treatment, Michigan housing and community development fund, Michigan law enforcement officers memorial monument fund, renewable fuels fund, Michigan council for the arts fund, foster care trust fund, children's miracle network fund, and children's hospital of Michigan fund from the list of available contribution designations.

Reduces the minimum contribution threshold for keeping a designation on the contributions schedule from $100,000 to $50,000 in a single tax year, and changes from a 2-consecutive-year requirement to a single-year requirement for removal.

Limits the contributions schedule to no more than 10 separate contribution designations in any single tax year, with new designations listed in alphabetical order.

Establishes criteria for legislative consideration of future contribution designations, including whether the organization serves multiple regions, can raise over $50,000 annually through other means, maintains administrative costs below 30%, and receives other state funding.