HOUSE BILL No. 4929


     June 7, 2001, Introduced by Reps. Basham, Schauer, Callahan, DeRossett, Plakas, Mans, Bogardus and Lemmons and referred to the Committee on
Conservation and Outdoor Recreation.


        A bill to amend 1967 PA 281, entitled

   "Income tax act of 1967,"

   (MCL 206.1 to 206.532) by adding section 438.

               THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

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           SEC. 438.  (1) FOR TAX YEARS THAT BEGIN AFTER DECEMBER 31,

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      2000, A TAXPAYER MAY DESIGNATE ON HIS OR HER ANNUAL RETURN THAT A

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      CONTRIBUTION OF $2.00 OR MORE OF HIS OR HER REFUND BE CREDITED TO

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      THE GREAT LAKES ENDOWMENT FUND CREATED IN THE GREAT LAKES ENDOW-

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      MENT FUND ACT.  IF A TAXPAYER'S REFUND IS NOT SUFFICIENT TO MAKE

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      A CONTRIBUTION UNDER THIS SECTION, THE TAXPAYER MAY DESIGNATE A

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      CONTRIBUTION AMOUNT AND THAT CONTRIBUTION AMOUNT SHALL BE ADDED

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      TO THE TAXPAYER'S TAX LIABILITY FOR THE TAX YEAR.

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           (2) THE CONTRIBUTION DESIGNATION AUTHORIZED IN THIS SECTION

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      SHALL BE CLEARLY AND UNAMBIGUOUSLY PRINTED ON THE FIRST PAGE OF

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      ALL STATE INDIVIDUAL INCOME TAX RETURN FORMS, IF PRACTICABLE.


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           (3) NOTWITHSTANDING THE OTHER ALLOCATIONS AND DISBURSEMENTS

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      REQUIRED BY THIS ACT, AN AMOUNT EQUAL TO THE CUMULATIVE DESIGNA-

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      TIONS MADE UNDER THIS SECTION, LESS THE AMOUNT APPROPRIATED TO

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      THE DEPARTMENT OF TREASURY FOR THE PURPOSE OF IMPLEMENTING THIS

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      SECTION, SHALL BE DEPOSITED IN THE GREAT LAKES ENDOWMENT FUND AND

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      SHALL BE APPROPRIATED SOLELY FOR THE PURPOSES OF THE GREAT LAKES

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      ENDOWMENT FUND AS SPECIFIED IN THE GREAT LAKES ENDOWMENT FUND

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      ACT.

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           Enacting section 1.  This amendatory act does not take

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      effect unless Senate Bill No. _____ or House Bill No. 4930

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      (request no. 03723'01 a) of the 91st Legislature is enacted into

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      law.
































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