June 12, 2008, Introduced by Senator THOMAS and referred to the Committee on Finance.
A bill to amend 2001 PA 63, entitled
"History, arts, and libraries act,"
by amending the title and section 2 (MCL 399.702), section 2 as
amended by 2008 PA 85, and by adding section 9.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
TITLE
An act to create a department of history, arts, and libraries;
to
provide for its administration; and to provide for its powers,
duties, functions, and responsibilities; and to establish the
history, arts, and libraries fund.
Sec. 2. As used in this act:
(a) "Council" means the Michigan council for arts and cultural
affairs established by Executive Order No. 1991-21.
(b) "Department" means the department of history, arts, and
libraries created in section 3.
(c) "Director" means the director of the department.
(d) "Fund" means the history, arts, and libraries fund created
in section 9
(e) (d)
"Person" means an
individual, partnership,
corporation, association, governmental entity, or other legal
entity.
(f) (e)
"Type II transfer" means
that term as it is defined in
section 3 of the executive organization act of 1965, 1965 PA 380,
MCL 16.103.
Sec. 9. (1) The history, arts, and libraries fund is created
in the department. The fund shall be administered by the
department, and money in the fund shall be expended only to fund
grants administered by the council.
(2) The department shall credit to the fund all amounts
appropriated to the fund under this act and any money received as
contributions for purposes under this act, including 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 any other
appropriations, money, or other things of value received by the
fund.
(3) The state treasurer shall direct the investment of the
fund.
(4) Money appropriated or money received as a contribution to
the fund shall be available for disbursement upon appropriation.
(5) Money in the fund at the close of the year shall remain in
the fund and shall not lapse to the general fund.
(6) By November 1 of each year, the department shall provide a
report to the senate and house of representatives appropriations
subcommittees on history, arts, and libraries of all revenues to
and expenditures from the fund. The report shall include an
estimated fund balance for the fiscal year.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No. 1373
of the 94th Legislature is enacted into law.