SB-0903, As Passed Senate, December 15, 2014

HOUSE SUBSTITUTE FOR

SENATE BILL NO. 903

     A bill to amend 1949 PA 300, entitled

"Michigan vehicle code,"

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

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

     Sec. 811z. (1) No later than September 1, 2015, the secretary

of state shall develop under section 811e and issue under section

811f a fund-raising plate recognizing be the match. The secretary

of state shall design the fund-raising plates authorized in this

section.

     (2) The be the match 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 be the match to

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

the match fund created under subsection (2).

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

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

the match.

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

the match fund created under subsection (2) for auditing purposes.

     (6) Money from the be the match fund shall be expended on

research, technology, patient support, and education regarding bone

marrow donation and transplantation and the testing of new be the

match registrants.