SB-0759, As Passed House, November 10, 2011

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 759

 

 

October 19, 2011, Introduced by Senator KAHN and referred to the Committee on Judiciary.

 

 

 

     A bill to amend 1961 PA 236, entitled

 

"Revised judicature act of 1961,"

 

by amending section 151d (MCL 600.151d), as amended by 2009 PA 151.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 151d. (1) The juror compensation reimbursement fund is

 

created in the state treasury. The money in the fund shall be used

 

as provided in section 151e.

 

     (2) The state treasurer shall credit to the juror compensation

 

reimbursement fund deposits of proceeds from the collection of

 

driver license clearance fees as provided in section 321a(11) of

 

the Michigan vehicle code, 1949 PA 300, MCL 257.321a, and deposits

 

of proceeds from the collection of jury demand fees as provided in

 

sections 2529(1)(c) and 8371(9), and shall credit all income from

 

investment credited to the fund by the state treasurer. The state

 

treasurer may invest money in the fund in any manner authorized by


 

law for the investment of state money. However, an investment shall

 

not interfere with any apportionment, allocation, or payment of

 

money as required by section 151e. The state treasurer shall credit

 

to the fund all income earned as a result of an investment of money

 

in the fund. Except as provided in subsections (3), (4), and (5),

 

and (6), the unencumbered balance remaining in the fund at the end

 

of a fiscal year shall remain in the fund and shall not revert to

 

the general fund.

 

     (3) For the state fiscal year ending September 30, 2005 only,

 

$4,000,000.00 of the unencumbered balance remaining in the fund at

 

the end of that fiscal year shall be transferred by the state

 

treasurer to the general fund.

 

     (4) For the state fiscal year ending September 30, 2008 only,

 

$2,250,000.00 of the unencumbered balance remaining in the fund at

 

the end of that fiscal year shall be transferred by the state

 

treasurer to the general fund.

 

     (5) For the state fiscal year ending September 30, 2010 only,

 

$1,352,100.00 of the unencumbered balance remaining in the fund at

 

the end of that fiscal year shall be transferred by the state

 

treasurer to the court equity fund created in section 151b.

 

     (6) For the state fiscal year ending September 30, 2011 only,

 

$2,607,500.00 of the unencumbered balance remaining in the fund at

 

the end of that fiscal year shall be transferred by the state

 

treasurer to the court equity fund created in section 151b.