35.1255 Veterans cemetery fund.
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35.1255 Veterans cemetery fund.
Sec. 5.
(1)The veterans cemetery fund is created in the state treasury.
(2)The treasurer shall deposit money and other assets from any source in the fund. The state treasurer shall direct the investment of money in the fund and credit interest and earnings from the investments to the fund.
(3)The department is the administrator of the fund for audits of the fund. Money in the fund at the close of the fiscal year does not lapse to the general fund.
(4)The department shall expend money from the fund, on appropriation, for 1 or more of only the following purposes:
(a)For architectural design or engineering plans, or both, and any necessary environmental impact studies prescribed by law.
(b)Necessary expenses to qualify for federal grants under 38 USC 2408.
(c)To prepare land that is acquired or purchased for a veterans cemetery or designated as a veterans cemetery for operational use.
(d)For ongoing expenses related to the operation of a veterans cemetery.
History: 2022, Act 267 , Imd. Eff. Dec. 22, 2022