TRAILS & GREENWAYS LICENSE PLATE S.B. 555:
FLOOR SUMMARY
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Senate Bill 555 (as reported without amendment)
Sponsor: Senator Goeff Hansen
Committee: Transportation
CONTENT
The bill would amend the Michigan Vehicle Code to do the following:
-- Require the Secretary of State to develop a fund-raising license plate recognizing Michigan trails and greenways.
-- Create the "Michigan Trails and Greenways Fund" and require donations for the plates to be deposited into the Fund.
-- Require the State Treasurer to disburse money in the Fund on a quarterly basis to the Michigan Trails and Greenways Alliance.
-- Require the Alliance to use money from the Fund to promote the development and establishment of a statewide trail network that includes Michigan trailways, pack and saddle trailways, and other recreational use trails.
Proposed MCL 257.811s Legislative Analyst: Julie Cassidy
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 Michigan Trails and Greenways 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 Michigan Trails and Greenways Fund, after which the State Treasurer would disburse payments from the Fund on a quarterly basis to the Michigan Trails and Greenways Alliance.
The bill would have no fiscal impact on local government.
Date Completed: 1-25-12 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. sb555/1112