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MI SB1200
Bill
Status
7/18/2012
Primary Sponsor
Patrick Colbeck
Click for details
AI Summary
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Authorizes the Secretary of State to develop and issue fund-raising license plates recognizing the Freedom Center, designed in conjunction with the Freedom Center.
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Creates the Freedom Center Fund within the state treasury to receive donations from the sale of the fund-raising plates and other sources.
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Requires the Secretary of State to transfer donation money from plate sales to the State Treasurer, who credits it to the Freedom Center Fund, with funds disbursed quarterly to the Freedom Center.
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Establishes that fund balances do not lapse to the general fund at fiscal year-end and grants the State Treasurer authority to invest fund assets and credit interest earnings to the fund.
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Designates the Secretary of State as administrator of the Freedom Center Fund for auditing purposes and defines "Freedom Center" as the facility located in the Detroit metropolitan airport.
Legislative Description
Vehicles; fund-raising registration plates; fund-raising plate dedicated to the freedom center; provide for. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811v.
Vehicles, fund-raising registration plates
Last Action
Referred To Committee On Transportation
7/18/2012