HOUSE BILL No. 4951


     June 13, 2001, Introduced by Reps. Mortimer and Stewart and referred to the Committee on Commerce.


        A bill to amend 1976 PA 69, entitled

   "An act to permit the secretary of state to acquire and operate
   state historic sites; to accept gifts for that purpose; and to
   permit investment in certain funds to carry out the purposes of
   this act,"

   by amending the title and sections 1, 2, and 3 (MCL 399.111,

   399.112, and 399.113).

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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                                    TITLE

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           An act to permit the  secretary of state  DEPARTMENT OF HIS-

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      TORY, ARTS, AND CULTURE to acquire and operate state historic

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      sites; to accept gifts for that purpose; and to permit investment

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      in certain funds to carry out the purposes of this act.

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           Sec. 1.  The  secretary of state  DEPARTMENT OF HISTORY,

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      ARTS, AND CULTURE may acquire and maintain historic sites for use

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      by the public.  The  secretary of state  DEPARTMENT OF HISTORY,



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      ARTS, AND CULTURE may  take  RECEIVE lands or rights to lands in

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      the name of the state and for the benefit of the public by either

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      purchase or gift.  The  secretary of state  DEPARTMENT OF HISTO-

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      RY, ARTS, AND CULTURE may enter into contracts for the purchase

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      of historic sites listed on the state register of historic sites,

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      and on fulfillment of the terms and conditions in a contract may

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      accept a deed or deeds.

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           Sec. 2.  The  secretary of state  DEPARTMENT OF HISTORY,

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      ARTS, AND CULTURE may receive and hold in trust for the state a

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      grant or devise of land or rights in land and a gift or bequest

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      of money or other nonhistoric personal property made for the pur-

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      poses of this act.  If money or other personal property is

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      received, the property shall be appraised at current market value

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      and be turned over to the state treasurer who shall preserve and

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      invest  , upon approval of the secretary of state, the funds

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      received in securities which banks are permitted to invest in

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      ALL MONEY AND PROPERTY RECEIVED AS PROVIDED BY LAW.  The invested

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      funds shall be known as the state historic site fund and the pro-

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      ceeds shall be used and expended under the direction of the

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       secretary of state  DEPARTMENT OF HISTORY, ARTS, AND CULTURE to

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      carry out the purposes of this act.

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           Sec. 3.  Any municipality may transfer the care and control

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      of  an  A historic site or property suitable as  an  A
   historic

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      site to the  secretary of state  DEPARTMENT OF HISTORY, ARTS, AND

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      CULTURE.  The transfer shall be upon terms and for a period of

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      time as may be mutually agreed upon.





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           Enacting section 1.  This amendatory act does not take

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      effect unless Senate Bill No. _____ or House Bill No. 4941

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      (request no. 02873'01) of the 91st Legislature is enacted into

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      law.
















































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