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.