Bill Text: MI SB0976 | 2011-2012 | 96th Legislature | Introduced

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Bill Title: Vehicles; registration plates; specialty plate for "Knights of Columbus"; provide for. Amends 1949 PA 300 (MCL 257.1 - 257.923) by adding sec. 811s.

Spectrum: Slight Partisan Bill (Republican 5-3)

Status: (Introduced - Dead) 2012-02-23 - Referred To Committee On Transportation [SB0976 Detail]

Download: Michigan-2011-SB0976-Introduced.html

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SENATE BILL No. 976

 

 

February 23, 2012, Introduced by Senators GLEASON, PROOS, BOOHER, MARLEAU, JONES, COLBECK, HOPGOOD and GREGORY and referred to the Committee on Transportation.

 

 

 

     A bill to amend 1949 PA 300, entitled

 

"Michigan vehicle code,"

 

(MCL 257.1 to 257.923) by adding section 811s.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 811s. (1) The secretary of state shall develop under

 

section 811e and issue under section 811f a fund-raising plate

 

recognizing the knights of Columbus. The secretary of state in

 

conjunction with the knights of Columbus shall design the fund-

 

raising plates authorized in this section.

 

     (2) The knights of Columbus 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.

 

     (3) The secretary of state shall transfer the donation money

 

from the sale of fund-raising plates recognizing the knights of

 

Columbus to the state treasurer, who shall credit the donation

 

money to the knights of Columbus fund established under subsection

 

(2).

 

     (4) The state treasurer shall disburse money in the knights of

 

Columbus fund established under subsection (2) on a quarterly basis

 

to the knights of Columbus. Beginning February 1, 2012, the knights

 

of Columbus shall submit to the state treasurer an annual summary

 

of the expenditures during the preceding calendar year of the money

 

received under this section.

 

     (5) The secretary of state shall be the administrator of the

 

knights of Columbus fund for auditing purposes.