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MI SB0325

Bill

Official Source

Status

Engrossed

6/30/2011

Primary Sponsor

Vincent Gregory

Click for details

Origin

Senate

96th Legislature

AI Summary

  • Establishes the Michigan Alzheimer's association fund within the Department of Treasury to provide funding for programs and services for unpaid caregivers of individuals with Alzheimer's disease.

  • Designates the Greater Michigan chapter and Michigan Great Lakes chapter of the Alzheimer's association as the recipients of fund distributions.

  • Requires the State Treasurer to credit to the fund all amounts appropriated under section 435 of the 1967 Income Tax Act, plus any interest, earnings, and other donations received.

  • Specifies that fund money shall not lapse to the general fund at year-end and must be appropriated annually for distribution to the designated Alzheimer's association chapters.

  • Bill takes effect only upon enactment of Senate Bill No. 324 of the 96th Legislature.

Legislative Description

Income tax; other; Michigan Alzheimer's association fund; create, and earmark revenue. Creates new act. TIE BAR WITH: SB 0324'11

Income tax, other

Last Action

Referred To Second Reading

5/16/2012

Committee Referrals

Tax Policy6/30/2011
Finance4/13/2011

Full Bill Text

No bill text available