December 13, 2011, Introduced by Rep. Callton 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 811s.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 811s. (1) The secretary of state shall develop under
section 811e and issue under section 811f a fund-raising plate
recognizing the cure childhood cancer program. The secretary of
state in conjunction with the cure childhood cancer program shall
design the fund-raising plates authorized in this section.
(2) The cure childhood cancer 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 the cure childhood
cancer program to the state treasurer, who shall credit the
donation money to the cure childhood cancer fund established under
subsection (2).
(4) The state treasurer shall disburse money in the fund
established under subsection (2) on a quarterly basis to St.
Baldrick's foundation.
(5) The secretary of state shall be the administrator of the
fund for auditing purposes.