March 23, 2017, Introduced by Senators GREGORY, BOOHER, BIEDA, NOFS, CONYERS, ROCCA, HOPGOOD, KNEZEK, YOUNG, HOOD and JOHNSON and referred to the Committee on Transportation.
A bill to amend 1949 PA 300, entitled
"Michigan vehicle code,"
(MCL 257.1 to 257.923) by adding section 811aa.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 811aa. (1) The secretary of state shall develop under
section 811e and issue under section 811f a fund-raising plate
recognizing women veterans. The secretary of state shall design the
fund-raising plates authorized in this section.
(2) The women veterans 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 women veterans to
the state treasurer, who shall credit the donation money to the
women veterans fund established under subsection (2).
(4) The state treasurer shall disburse money in the women
veterans fund established under subsection (2) on a quarterly basis
to the Michigan veterans' trust fund established under section 37
of article IX of the state constitution of 1963.
(5) The secretary of state shall be the administrator of the
women veterans fund for auditing purposes.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.