KNIGHTS OF COLUMBUS FUND-RAISING PLATE                                          S.B. 354 (S-1):

                                                                                                    SUMMARY OF BILL

                                                                                      REPORTED FROM COMMITTEE

Senate Bill 354 (Substitute S-1 as reported)

Sponsor:  Senator John Proos

Committee:  Transportation

CONTENT

The bill would amend the Michigan Vehicle Code to do the following:

-- Require the Secretary of State (SOS), no later than June 1, 2018, to develop and issue a Knights of Columbus fund-raising plate.

-- Create the "Knights of Columbus Fund" within the State Treasury and require the donation money from the sale of the plate to be deposited into the Fund.

-- Require the money in the proposed Fund to be disbursed on a quarterly basis to the Knights of Columbus.

Proposed MCL 257.811ll                                            Legislative Analyst:  Drew Krogulecki

FISCAL IMPACT

The bill would create a start-up cost to the Department of State; however, the start-up fee prescribed in the Code would have to be paid to the Department from the Knights of Columbus Fund proposed in the bill. The start-up fee (formerly $15,000) recently was changed to the latest three-year average, which has not yet been determined by the Department. The revenue generated from the Knights of Columbus fund-raising license plate established under the bill would be deposited into the proposed Fund, after which the State Treasurer would disburse payments from the Fund on a quarterly basis to the Knights of Columbus.

The bill would have no fiscal impact on local government.

Date Completed:  6-9-17                                                     Fiscal Analyst:  Joe Carrasco

This analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent.