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Michigan Legislature
Michigan Compiled Laws Complete Through PA 19 of 2024
House: Adjourned until Tuesday, March 19, 2024 1:30:00 PM
Senate: Adjourned until Tuesday, March 19, 2024 10:00:00 AM


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Act 489 of 2000
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MICHIGAN TRUST FUND ACT

Act 489 of 2000

AN ACT to create certain funds; to provide for the allocation of certain revenues among certain funds and for the operation, investment, and expenditure of certain funds; and to impose certain duties and requirements on certain state officials.


History: 2000, Act 489, Imd. Eff. Jan. 11, 2001 ;-- Am. 2005, Act 232, Imd. Eff. Nov. 21, 2005




The People of the State of Michigan enact:

DocumentTypeDescription
Section 12.251SectionShort title.
Section 12.252SectionDefinitions.
Section 12.253SectionMichigan opioid healing and recovery fund.
Section 12.253aSectionLocal government reimbursement fund.
Section 12.254SectionStrategic outreach and attraction reserve fund.
Section 12.255SectionMichigan medicaid benefits trust fund.
Section 12.256SectionExpenditure of medicaid benefits trust fund revenues.
Section 12.257Section21st century jobs trust fund; establishment; investment; money remaining at close of fiscal year; deposit of interest and earnings; Michigan tobacco settlement revenue; deposit.
Section 12.258SectionTransfer and disbursement of funds; purpose.
Section 12.259SectionMichigan merit award trust fund; establishment; money remaining at close of fiscal year; investment; allocation of tobacco settlement revenue.
Section 12.260SectionMichigan merit award trust fund; disbursement of funds; purpose.
Section 12.261SectionFlint settlement trust fund.
Section 12.262SectionCommunity district education trust fund; creation; deposit of money or other assets; investment; money remaining at close of fiscal year; expenditures; "community district" defined; deposit of tobacco settlement revenue; limitation; reimbursement from general fund.
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