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MI SB1004
Bill
Status
6/28/2022
Primary Sponsor
Curtis VanderWall
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AI Summary
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Allows liquor license holders to donate a portion of profits generated from their license to tax-exempt organizations under Internal Revenue Code section 501(c)(3)
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Requires licensees to record profits on financial records before making donations allowed under this section
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Prohibits organizations receiving donations from using those funds to pay for events associated with special licenses they have been issued
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Overrides existing restrictions in section 609(1) and Michigan Administrative Code R 436.1041
Legislative Description
Liquor: licenses; certain donations to nonprofits; allow. Amends 1998 PA 58 (MCL 436.1101 - 436.2303) by adding sec. 1016.
Liquor: licenses
Last Action
Referred To Committee On Regulatory Reform
6/28/2022