December 1, 2004, Introduced by Reps. Julian, Sheltrown, Rivet, Gillard, Van Regenmorter, Vander Veen, Howell, Gleason, Gaffney, Pastor, Farhat, Taub, Newell, Richardville and Shackleton and referred to the Committee on Insurance.
A bill to create the public safety training fund; and to
provide for expenditures from the fund.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 1. This act shall be known and may be cited as the
2 "public safety training fund act".
3 Sec. 2. (1) The public safety training fund is created in
4 the state treasury. The money in the fund shall be used as
5 provided in section 3.
6 (2) The state treasurer shall credit to the public safety
7 training fund deposits of proceeds from the collection of
8 assessments imposed under section 452 of the insurance code of
9 1956, 1956 PA 218, MCL 500.452, and shall credit all income from
10 investment credited to the fund by the state treasurer. The
11 state treasurer may invest money in the fund in any manner
12 authorized by law for the investment of state money. However, an
1 investment shall not interfere with any apportionment,
2 allocation, or payment of money as required by this section.
3 (3) The unencumbered balance remaining in the fund at the end
4 of a fiscal year shall remain in the fund and shall not revert to
5 the general fund.
6 Sec. 3. In the state fiscal year beginning October 1, 2005
7 and in subsequent state fiscal years, the state treasurer shall
8 distribute the proceeds of the fund on July 1 of each year as
9 follows:
10 (a) To the public safety officers benefit fund created in
11 section 3 of the public safety officers benefit act, 2004 PA 46,
12 MCL 28.623, 0.25% of the fund balance.
13 (b) To the prosecuting attorneys coordinating council created
14 in section 4 of the prosecuting attorneys coordinating office act
15 of 1972, 1972 PA 203, MCL 49.102, for use as prescribed in that
16 act, 3% of the fund balance.
17 (c) The balance remaining after the distributions under
18 subdivisions (a) and (b) shall be distributed as follows:
19 (i) One-half to the law enforcement officers training fund
20 created in section 13 of the commission on law enforcement
21 standards act, 1965 PA 203, MCL 28.613, for use as prescribed in
22 section 14a of that act.
23 (ii) One-half to the fire fighters training fund created in
24 section 13 of the fire fighters training council act of 1966,
25 1966 PA 291, MCL 29.373, for use as prescribed in section 14a of
26 that act.
27 Enacting section 1. This act does not take effect unless
1 all of the following bills of the 92nd Legislature are enacted
2 into law:
3 (a) Senate Bill No. ________ or House Bill No. 6360
4 (request no. 07204'04 *).
5 (b) Senate Bill No. ________ or House Bill No. 6363
6 (request no. 07249'04 *).
7 (c) Senate Bill No. ________ or House Bill No. 6361
8 (request no. 07250'04 *).