SB-0903, As Passed House, December 10, 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.