June 30, 2010, Introduced by Senators JACOBS, BIRKHOLZ and PAPPAGEORGE and referred to the Committee on Finance.
A bill to establish the girl scouts of Michigan fund in the
department of treasury; to provide for the distribution of the
money from the fund; to prescribe the powers and duties of certain
agencies and officials; and to provide for appropriations.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1. This act shall be known and may be cited as the "girl
scouts of Michigan fund act".
Sec. 2. As used in this act:
(a) "Department" means the department of treasury.
(b) "Fund" means the girl scouts of Michigan fund created in
section 3.
Sec. 3. (1) The girl scouts of Michigan fund is created in the
department to provide funds for donation to any girl scout
organization located in this state to prepare young people to make
ethical and moral choices over their lifetimes by instilling in
them the values of the scout oath and law.
(2) The state treasurer shall credit to the fund all amounts
appropriated for this purpose under section 435 of the income tax
act of 1967, 1967 PA 281, MCL 206.435.
(3) The fund shall consist of the money credited to the fund
pursuant to section 435 of the income tax act of 1967, 1967 PA 281,
MCL 206.435, any interest and earnings accruing from the saving and
investment of that money, and other appropriations, money, or other
things of value received by the fund.
(4) The state treasurer shall direct the investment of the
fund.
Sec. 4. (1) The money, interest, and earnings of the fund
shall be expended solely for the purposes described in this act.
(2) Money granted or received as a gift or donation to the
fund is available for distribution upon appropriation to each
county from which a contribution, gift, or donation was received.
Sec. 5. Money from the fund may be used as matching funds for
a federal grant if those funds are to be used for the purposes
described under section 3.
Sec. 6. The money in the fund that is available for
distribution shall be appropriated each year. Money in the fund at
the close of the year shall remain in the fund and shall not lapse
to the general fund.
Enacting section 1. This act does not take effect unless
Senate Bill No. 1409
of the 95th Legislature is enacted into law.