LIQUOR LICENSE; DONATIONS                                                                     S.B. 1004:

                                                                    REVISED SUMMARY OF INTRODUCED BILL

                                                                                                         IN COMMITTEE

Senate Bill 1004 (as introduced 4-12-22)

Sponsor:  Senator Curtis S. VanderWall

Committee:  Regulatory Reform

Date Completed:  6-7-22

CONTENT

The bill would amend the Michigan Liquor Control Code to allow a licensee to donate a portion of the profits generated from the licensee's license to certain tax-exempt organizations.

Specifically, under the bill, notwithstanding R 436.1041 of the Michigan Administrative Code, a licensee could donate a portion of the profits generated from the licensee's license to an organization that was not a licensee and that was exempt from taxation under Section 501(c) (3) of the Internal Revenue Code, if the licensee recorded its profits on its financial records before making the donation.

(Generally, R 436.1041 of the Michigan Administrative Code requires a license not to be obtained for the use or benefit of another person whose name does not appear on the license.)

Proposed MCL 436.2016                                                 Legislative Analyst:  Eleni Lionas

FISCAL IMPACT

The bill would have no fiscal impact on State or local government.

                                                                            Fiscal Analyst: Elizabeth Raczkowski 

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.