BEVERAGE CONTAINERS (EXCERPT)
Initiated Law 1 of 1976
445.573c Bottle deposit fund; creation; administration; deposits; annual disbursement; report of information; rules.
(1) There is created in the department of treasury a bottle deposit fund which is a revolving fund administered by the department of treasury. The money in the bottle deposit fund shall not revert to the general fund.
(2) The amount paid to the department of treasury by underredeemers shall be deposited by the department of treasury in the bottle deposit fund created in subsection (1) for annual disbursement by the department of treasury in the following manner:
(a) Seventy-five percent to the cleanup and redevelopment trust fund created in section 3e.
(b) Twenty-five percent to dealers to be apportioned to each dealer on the basis of the number of empty returnable containers handled by a dealer as determined by the department of treasury.
(3) Not later than June 1 of each year, the department of treasury shall publish and make available to the public information related to section 3b(1) and send a report of that information to the legislature.
(4) The department of treasury may promulgate rules to implement sections 3a to 3d pursuant to the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.328 of the Michigan Compiled Laws, if the department of treasury determines that rules are needed to properly implement and administer sections 3a to 3d.
History: Add. 1989, Act 148, Eff. July 27, 1989
Am. 1996, Act 73, Imd. Eff. Feb. 26, 1996
Am. 1996, Act 384, Imd. Eff. July 24, 1996
Popular Name: Bottle Bill
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