SB-0091, As Passed Senate, September 17, 2015
SUBSTITUTE FOR
SENATE BILL NO. 91
A bill to amend 1949 PA 300, entitled
"Michigan vehicle code,"
(MCL 257.1 to 257.923) by adding section 811dd.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 811dd. (1) No later than October 1, 2015, the secretary
of state shall develop under section 811e and issue under section
811f a fund-raising plate or collector plate recognizing the
Sleeping Bear Dunes National Lakeshore. The secretary of state in
conjunction with Preserve Historic Sleeping Bear shall design the
fund-raising plate authorized in this section.
(2) The Sleeping Bear Dunes National Lakeshore fund is created
within the state treasury. The state treasurer may receive money or
other assets from any source for deposit into the fund. The state
treasurer shall direct the investment of the fund. The state
treasurer shall credit to the fund interest and earnings from fund
investments. Money in the fund at the close of the fiscal year
shall remain in the fund and shall not lapse to the general fund.
The state treasurer shall be the administrator of the fund for
auditing purposes.
(3) The secretary of state shall transfer the donation money
from the sale of fund-raising plates recognizing the Sleeping Bear
Dunes National Lakeshore to the state treasurer, who shall credit
the donation money to the Sleeping Bear Dunes National Lakeshore
fund established under subsection (2).
(4) The state treasurer shall disburse money in the fund
established under subsection (2) on a quarterly basis to Preserve
Historic Sleeping Bear.
(5) Money disbursed to Preserve Historic Sleeping Bear under
this section shall be expended on projects that preserve the
historic and natural features of the Sleeping Bear Dunes National
Lakeshore for the use and enjoyment of the public.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.