SENATE BILL No. 1543

 

 

September 25, 2008, Introduced by Senator BROWN and referred to the Committee on Energy Policy and Public Utilities.

 

 

 

     A bill to amend 1986 PA 32, entitled

 

"Emergency 9-1-1 service enabling act,"

 

by amending sections 407 and 717 (MCL 484.1407 and 484.1717), as

 

amended by 2007 PA 165.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 407. (1) The emergency 9-1-1 fund is created within the

 

state treasury.

 

     (2) The state treasurer may receive money or other assets as

 

provided under this act and from any source for deposit into the

 

fund. Money may be deposited into the fund by electronic funds

 

transfer. Money in the CMRS emergency telephone fund on the

 

effective date of the amendatory act that added section 401a July

 

1, 2008 shall be deposited into the fund and expended as provided

 

by this act. The state treasurer shall direct the investment of the

 


fund. The state treasurer shall credit to the fund interest and

 

earnings from fund investments.

 

     (3) Money in the fund at the close of the fiscal year shall

 

remain in the fund and shall not lapse to the general fund.

 

     (4) The department of treasury shall expend money from the

 

fund only as provided in this act. The disbursement of money may be

 

by electronic funds transfer.

 

     (5) The auditor general shall audit the fund at least

 

annually.

 

     Sec. 717. This act is repealed effective February 28, 2009

 

2014.