Michigan Laws 257.819 – Disposition and use of revenues from increases in fees
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Terms Used In Michigan Laws 257.819
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- 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) Except as otherwise provided in this section, revenue from the increases in fees provided in 1987 PA 232 must be deposited in the transportation economic development fund established in section 2 of 1987 PA 231, MCL 247.902, and must not be appropriated for any other purpose in any act making appropriations of state funds.
(2) For the fiscal year ending September 30, 1989, and each fiscal year thereafter, of the revenue from the increases in fees provided in 1987 PA 232, $2,500,000.00 must be deposited in the state treasury and credited to the general fund, except that not more than $1,000,000.00 must be credited to the gasoline inspection and testing fund established in section 8 of the motor fuels quality act, 1984 PA 44, MCL 290.648.
(3) Except as provided in subsection (2), for the fiscal year ending September 30, 2008, of the revenue from the increases in fees provided in 1987 PA 232, $13,000,000.00 must be deposited in the state treasury and credited to the general fund.
(4) Except as provided in subsection (2), for the fiscal year ending September 30, 2009, of prior and current revenues from the increases in fees provided in 1987 PA 232, $18,000,000.00 must be deposited in the state treasury and credited to the general fund and for the fiscal year ending September 30, 2010, $12,000,000.00 must be deposited in the state treasury and credited to the general fund.
(5) Except as provided in subsection (2), for the fiscal year ending September 30, 2017, of the revenue from the increases in fees provided in 1987 PA 232, $9,423,700.00 must be deposited in the state treasury and credited to the general fund.
(6) Except as provided in subsection (2), for the fiscal year ending September 30, 2020 only, of the revenue from the increases in fees provided in 1987 PA 232, $13,000,000.00 must be deposited in the state treasury and credited to the general fund.
(7) Except as provided in subsection (2), for the fiscal year ending September 30, 2021 only, of the revenue from the increases in fees provided in 1987 PA 232, $13,000,000.00 must be deposited in the state treasury and credited to the general fund.