HOUSE BILL No. 4551
April 17, 2001, Introduced by Reps. Newell, DeRossett, Switalski, Rich Brown, Richardville, Rison, Howell, Meyer, Spade, Rivet, Anderson, Neumann, Kooiman, Pestka, McConico, Whitmer, Sheltrown, Woodward, Daniels, Hansen and Lemmons and referred to the Committee on Civil Law and the Judiciary. A bill to amend 1961 PA 236, entitled "Revised judicature act of 1961," (MCL 600.101 to 600.9948) by adding section 151c. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 151C. (1) THE JUROR COMPENSATION REIMBURSEMENT FUND IS 2 CREATED IN THE STATE TREASURY. THE MONEY IN THE FUND SHALL BE 3 USED AS PROVIDED IN SECTION 151D. 4 (2) THE STATE TREASURER SHALL CREDIT TO THE JUROR COMPENSA- 5 TION REIMBURSEMENT FUND DEPOSITS OF PROCEEDS FROM THE COLLECTION 6 OF DRIVER LICENSE CLEARANCE FEES AS PROVIDED IN SECTION 321A(12) 7 OF THE MICHIGAN VEHICLE CODE, 1949 PA 300, MCL 257.321A, AND 8 SHALL CREDIT ALL INCOME FROM INVESTMENT CREDITED TO THE FUND BY 9 THE STATE TREASURER. THE STATE TREASURER MAY INVEST MONEY IN THE 10 FUND IN ANY MANNER AUTHORIZED BY LAW FOR THE INVESTMENT OF STATE 11 MONEY. HOWEVER, AN INVESTMENT SHALL NOT INTERFERE WITH ANY 03332'01 DRM 2 1 APPORTIONMENT, ALLOCATION, OR PAYMENT OF MONEY AS REQUIRED BY 2 SECTION 151D. THE STATE TREASURER SHALL CREDIT TO THE FUND ALL 3 INCOME EARNED AS A RESULT OF AN INVESTMENT OF MONEY IN THE FUND. 4 THE UNENCUMBERED BALANCE REMAINING IN THE FUND AT THE END OF A 5 FISCAL YEAR SHALL REMAIN IN THE FUND AND SHALL NOT REVERT TO THE 6 GENERAL FUND. 7 Enacting section 1. This amendatory act takes effect 8 October 1, 2001. 9 Enacting section 2. This amendatory act does not take 10 effect unless all of the following bills of the 91st Legislature 11 are enacted into law: 12 (a) House Bill No. 4090. 13 (b) Senate Bill No. ____ or House Bill No. 4553 (request 14 no. 03524'01). 15 (c) Senate Bill No. ____ or House Bill No. 4552 (request 16 no. 03579'01). 03332'01 Final page. DRM