HOUSE BILL No. 6467
November 7, 2002, Introduced by Rep. Kolb 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 sections 217i and 217j. THE PEOPLE OF THE STATE OF MICHIGAN ENACT: 1 SEC. 217I. (1) THE SECRETARY OF STATE SHALL DEVELOP AND 2 ISSUE A "STATE OF THE ARTS" FUND-RAISING PLATE. THE SECRETARY OF 3 STATE SHALL DESIGN THE PLATE, HAVING THE WORDS "STATE OF THE 4 ARTS" INSCRIBED ON THE PLATE. THE WORD "MICHIGAN" SHALL APPEAR 5 ON THE PLATE. 6 (2) THE OWNER OF A VEHICLE REQUIRED TO BE REGISTERED UNDER 7 THIS ACT MAY APPLY, ON A FORM PRESCRIBED BY THE SECRETARY OF 8 STATE, FOR A STATE OF THE ARTS REGISTRATION PLATE INSTEAD OF A 9 STANDARD REGISTRATION PLATE. 10 (3) UPON APPLICATION AND PAYMENT OF THE REGULAR REGISTRATION 11 TAX AND A $10.00 SERVICE FEE AND A DONATION OF $25.00, THE 07914'02 JJG 2 1 SECRETARY OF STATE SHALL ISSUE A STATE OF THE ARTS REGISTRATION 2 PLATE FOR THE VEHICLE. 3 (4) THE SECRETARY OF STATE SHALL DEPOSIT THE $25.00 DONATION 4 INTO THE STATE OF THE ARTS FUND ESTABLISHED UNDER SECTION 217J. 5 SEC. 217J. (1) THE STATE OF THE ARTS FUND IS CREATED WITHIN 6 THE STATE TREASURY. 7 (2) THE STATE TREASURER MAY RECEIVE MONEY OR OTHER ASSETS 8 FROM ANY SOURCE FOR DEPOSIT INTO THE FUND. THE STATE TREASURER 9 SHALL DIRECT THE INVESTMENT OF THE FUND. THE STATE TREASURER 10 SHALL CREDIT TO THE FUND INTEREST AND EARNINGS FROM FUND 11 INVESTMENTS. 12 (3) MONEY IN THE FUND AT THE CLOSE OF THE FISCAL YEAR SHALL 13 REMAIN IN THE FUND AND SHALL NOT LAPSE TO THE GENERAL FUND. 14 (4) THE SECRETARY OF STATE SHALL DISBURSE MONEY IN THE FUND 15 ON A QUARTERLY BASIS TO THE MICHIGAN COUNCIL FOR ARTS AND CUL- 16 TURAL AFFAIRS IN THE DEPARTMENT OF CONSUMER AND INDUSTRY 17 SERVICES. 18 (5) AS USED IN THIS SECTION, "FUND" MEANS THE STATE OF THE 19 ARTS FUND CREATED IN SUBSECTION (1). 20 (6) THE MICHIGAN COUNCIL FOR ARTS AND CULTURAL AFFAIRS SHALL 21 PROVIDE AN ANNUAL ACCOUNTING OF THE USE OF THE MONEY TO THE STATE 22 TREASURER. 07914'02 Final page. JJG