Loading chat...
MI SB0354
Bill
AI Summary
-
Secretary of State must develop and issue a fund-raising license plate recognizing the Knights of Columbus by June 1, 2018, designed in conjunction with the Knights of Columbus.
-
Creates the Knights of Columbus Fund within the state treasury to receive and hold donations from the sale of the fund-raising plates.
-
State Treasurer invests fund money, credits interest and earnings to the fund, and carries over any year-end balance without lapsing to the general fund.
-
Secretary of State transfers donation money from plate sales to the State Treasurer, who deposits it into the Knights of Columbus Fund.
-
State Treasurer disburses fund money to the Knights of Columbus on a quarterly basis.
Legislative Description
Vehicles; fund-raising registration plates; fund-raising registration plate for the Knights of Columbus; create. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811ll.
State agencies (existing): state
Last Action
Referred To Committee On Transportation And Infrastructure
6/15/2017