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MI HB5791
Bill
Status
9/10/2014
Primary Sponsor
Joe Haveman
Click for details
AI Summary
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Secretary of state shall develop and may issue fund-raising license plates recognizing the Van Andel institute, designed in conjunction with the institute.
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Creates the Van Andel institute fund within the state treasury to receive money and assets from any source, with the state treasurer managing investments and crediting interest and earnings to the fund.
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Fund balance shall not lapse to the general fund at fiscal year end, with the secretary of state serving as administrator for auditing purposes.
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Secretary of state shall transfer donation money from sale of Van Andel institute fund-raising plates to the state treasurer for deposit into the Van Andel institute fund.
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State treasurer shall disburse fund money to the Van Andel institute on a quarterly basis.
Legislative Description
Vehicles; fund-raising registration plates; fund-raising plate for Van Andel institute; create. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811z.
State agencies (existing), state
Last Action
Printed Bill Filed 09/11/2014
9/11/2014