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MI SB0268
Bill
Status
3/23/2017
Primary Sponsor
Vincent Gregory
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AI Summary
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Secretary of State shall develop and issue fund-raising license plates recognizing women veterans under existing authorization procedures.
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Creates the Women Veterans Fund within the state treasury to receive donations from the sale of women veterans license plates.
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State Treasurer shall invest fund assets, credit interest and earnings to the fund, and carry over any unexpended balance at fiscal year-end rather than reverting to general fund.
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Secretary of State shall transfer donation money from women veterans plate sales to the State Treasurer for deposit into the Women Veterans Fund on a quarterly basis to the Michigan Veterans' Trust Fund established under the state constitution.
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Secretary of State serves as administrator of the Women Veterans Fund for auditing purposes; bill takes effect 90 days after enactment.
Legislative Description
Vehicles; fund-raising registration plates; fund-raising registration plate to recognize women veterans; create. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811aa.
Veterans: other
Last Action
Referred To Committee Of The Whole With Substitute S-2
3/6/2018