Michigan Laws 324.2020 – Recreation improvement account
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Terms Used In Michigan Laws 324.2020
- Legacy: A gift of property made by will.
- Recreation improvement account: means the recreation improvement account of the legacy fund provided for in section 2020. See Michigan Laws 324.2001
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
(1) The recreation improvement account is established as an account within the legacy fund.
(2) The recreation improvement account shall consist of both of the following:
(a) All money in the recreation improvement fund, formerly created in section 71105, immediately prior to the effective date of the amendatory act that added this section, which money is hereby transferred to the recreation improvement account.
(b) Revenue from the following sources:
(i) Two percent of the gasoline sold in this state for consumption in internal combustion engines.
(ii) Other revenues as provided by law.
(3) Money in the recreation improvement account shall be used only as provided for in part 711 and for the administration of the recreation improvement account.
(4) Money in the recreation improvement account may be expended pursuant to subsection (3) for grants to state colleges and universities to implement programs funded by the recreation improvement account.