§ 169.261State campaign fund; creation; administration; tax designation; appropriation;

distribution of money; transfer to general fund.
 Sec. 61.
    (1) The state campaign fund is hereby created. The state treasurer shall administer the state
 campaign fund in accordance with this act.
    (2) An individual whose tax liability under the income tax act of 1967, 1967 PA 281, MCL
 206.1 to 206.532, for a taxable year is $3.00 or more may designate that $3.00 be credited to
 the state campaign fund. In the case of a joint return of husband and wife having an income
 tax liability of $6.00 or more, each spouse may designate that $3.00 be credited to the state
 campaign fund.
    (3) The tax designation authorized in this section shall be clearly and unambiguously
 printed on the first page of the state individual income tax return.
    (4) Except as otherwise provided in this section, an amount equal to the cumulative amounts
 designated under subsection (2) each year shall be appropriated annually from the general
 fund of this state to the state campaign fund to be available beginning January 1 and
 continuing through December 31 of each year in which a governor is elected. Except as
 otherwise provided in this section, money appropriated under this section shall not lapse to the
 general fund but shall remain in the state campaign fund for distribution without fiscal year
 limitation except that any money remaining in the state campaign fund in excess of
 $10,000,000.00 on December 31 immediately following a gubernatorial general election shall
 lapse to the general fund.
    (5) Before the distribution of money under this act to qualifying primary election
 candidates, the state treasurer shall set aside sufficient money from the state campaign fund to
 fully implement the formula for distributing money to qualifying general election candidates.
 If there is insufficient money in the state campaign fund to provide full funding to eligible
 primary election candidates, the available money shall be distributed to those candidates on a
 pro rata basis.
    (6) For fiscal year 2006-2007 only, $7,200,000.00 shall be transferred from the state
 campaign fund to the general fund of this state.