CANCER AWARENESS SPECIALTY FUND-RAISING LICENSE PLATE
House Bill 4463
Sponsor: Rep. David Robertson
Committee: Transportation
Complete to 12-12-03
A SUMMARY OF HOUSE BILL 4463 AS INTRODUCED 3-26-03
House Bill 4463 would amend the Michigan Vehicle Code to require the Office of the Secretary of State to design and issue a cancer awareness specialty fund-raising license plate and a matching collector plate, with the revenue from the sales of the plates to be distributed equally on a quarterly basis to the Michigan Chapter of the American Cancer Society, the Barbara Ann Karmanos Cancer Institute, and to Hospice of Michigan. The plate would have to include the pink ribbon emblem of the Susan G. Komen Breast Cancer Foundation.
Under the bill, a Cancer Awareness Fund would be created within the state treasury, and the secretary of state would transfer the donation money to the state treasurer, who would credit the money to the cancer awareness fund. In addition, House Bill 4463 specifies that the state treasurer could receive money or other assets from any source for deposit into the 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.
MCL 257.811o
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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.