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MI SB0448
Bill
Status
6/28/2023
Primary Sponsor
Veronica Klinefelt
Click for details
AI Summary
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Allows liquor licensees 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 their financial records before making donations authorized under this section
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Prohibits organizations that receive donations and hold special licenses from using those donations to pay for any portion of the event covered by the special license
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Exempts these profit donations from 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 Affairs
6/28/2023