HABITAT FOR HUMANITY LICENSE PLATE S.B. 72:
FLOOR SUMMARY
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Senate Bill 72 (as reported without amendment)
Sponsor: Senator Mark C. Jansen
Committee: Transportation
CONTENT
The bill would amend the Michigan Vehicle Code to do the following:
-- Increase the limit on State sponsored fund-raising license plates from eight to nine.
-- Permit the Secretary of State (SOS) to create a fund-raising plate or collector plate recognizing Habitat for Humanity.
-- Create the "Habitat for Humanity Fund" and require donations for those plates to be deposited into the Fund.
-- Require the Habitat for Humanity to report annually to the Department of Treasury an accounting of money received and used under the bill.
MCL 257.811e et al. Legislative Analyst: Curtis Walker
FISCAL IMPACT
The bill would create a start-up cost to the Department of State. The start-up fee of $15,000 prescribed in the Code could be paid to the Department from the Habitat for Humanity Fund proposed in the bill; however, the bill does not include such a requirement. The revenue generated from the fund-raising license plate established under the bill would be deposited into the proposed Habitat for Humanity Fund, after which the State Treasurer would disburse payments from the Fund on a monthly basis to the Habitat for Humanity.
The bill would have no fiscal impact on local government.
Date Completed: 4-23-08 Fiscal Analyst: Joe Carrasco
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. sb72/0708