SENATE BILL No. 1200

 

 

July 18, 2012, Introduced by Senators COLBECK, BRANDENBURG, NOFS, PAPPAGEORGE, PAVLOV, MOOLENAAR, JANSEN and SCHUITMAKER 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 811v.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

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

 

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

 

recognizing the freedom center. The secretary of state in

 

conjunction with the freedom center shall design the fund-raising

 

plates authorized in this section.

 

     (2) The freedom center 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 freedom center

 

to the state treasurer, who shall credit the donation money to the

 

freedom center fund created under subsection (2).

 

     (4) The state treasurer shall disburse money in the freedom

 

center fund created under subsection (2) on a quarterly basis to

 

the freedom center.

 

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

 

freedom center fund created under subsection (2) for auditing

 

purposes.

 

     (6) As used in this section, "freedom center" means the

 

freedom center located in the Detroit metropolitan airport.