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MI SB0005
Bill
AI Summary
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Secretary of State shall develop and issue a fund-raising license plate recognizing Calvin College in conjunction with the Calvin College Alumni Association.
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Creates the Calvin College Alumni Association Fund within the state treasury to receive and invest donations from the sale of the fund-raising plates.
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Secretary of State shall transfer donation money from plate sales to the State Treasurer, who credits it to the fund and disburses money quarterly to the Calvin College Alumni Association.
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Fund balance shall not lapse to the general fund at the end of each fiscal year; Secretary of State serves as administrator for auditing purposes.
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Fund-raising plate must meet or exceed a sales goal of 4,000 plates within the first 5 years after creation.
Legislative Description
Vehicles; fund-raising registration plates; fund-raising registration plate for "Calvin College"; create. 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
1/16/2013