BREAST CANCER AWARENESS FUNDRAISING LICENSE PLATE
House Bill 5122
Sponsor: Rep. Laura Toy
Committee: Transportation
Complete to 10-5-01
A SUMMARY OF HOUSE BILL 5122 AS INTRODUCED 10-2-01
House Bill 5122 would amend the Michigan Vehicle Code to require that the secretary of state develop and issue a "Breast Cancer Awareness" fund-raising license plate having the pink ribbon emblem of the Susan G. Komen Breast Cancer Foundation inscribed on it. Further, the bill would create a Breast Cancer Awareness Fund within the Department of Treasury, to be disbursed by the state treasurer. A person would pay an additional $25 for a Breast Cancer Awareness fundraising license plate, and the donation would be deposited into the fund. (In addition to the donation, an applicant would pay the regular registration tax and a $5 service fee.)
House Bill 5122 specifies that the state treasurer could receive money or other assets from any source for deposit into the Breast Cancer Awareness Fund, and would direct investment of those funds, as well as credit to the fund the interest and earnings from fund investments. Money in the fund at the close of the fiscal year would not lapse to the general fund.
The bill also specifies that the state treasurer would be required to disburse money in the fund on a quarterly basis to the Michigan chapter of the American Cancer Society. The entity that received money would be required to provide an annual accounting of the use of the money to the state treasurer.
MCL 257.217p and 257.217q
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This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.