SB-0645, As Passed Senate, May 14, 2014
October 24, 2013, Introduced by Senators KAHN, PAPPAGEORGE, GREEN, SCHUITMAKER, BRANDENBURG, MOOLENAAR, MARLEAU and HILDENBRAND and referred to the Committee on Finance.
A bill to amend 2010 PA 347, entitled
"Girl scouts of Michigan fund act,"
by amending the title and sections 1, 2, 3, and 4 (MCL 206.921,
206.922, 206.923, and 206.924).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
TITLE
An act to establish the girl scouts and boy 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.
Sec. 1. This act shall be known and may be cited as the "girl
scouts and boy 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 and boy scouts of Michigan
fund created in section 3.
Sec. 3. (1) The girl scouts and boy scouts of Michigan fund is
created
in the department to provide funds for donation to any girl
scout
organization scouts
organizations and boy scouts
organizations 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 and
disbursed equally between the girl scouts organizations and the boy
scouts organizations located in this state.
(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.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No. 646
of the 97th Legislature is enacted into law.