MICHIGAN TRUST FUND ACT (EXCERPT)
Act 489 of 2000
As used in this act:
(a) "Community district education trust fund" means the community district education trust fund created in section 12.
(b) "Medicaid benefits trust fund" means the Michigan Medicaid benefits trust fund established in section 5.
(c) "Medicaid program" means a program for medical assistance established under title XIX of the social security act, 42 USC 1396 to 1396w-5.
(d) "Medicaid special financing payments" means the Medicaid special adjustor payments each year authorized in the department of community health appropriations act.
(e) "Michigan merit award trust fund" means the Michigan merit award trust fund established in section 9.
(f) "Tobacco settlement revenue" means money received by this state that is attributable to the master settlement agreement incorporated into a consent decree and final judgment entered into on December 7, 1998 in Kelly Ex Rel. Michigan v Philip Morris Incorporated, et al., Ingham County circuit court, docket no. 96-84281CZ, including any rights to receive money attributable to the master settlement agreement that has been sold by this state.
(g) "21st century jobs trust fund" means the 21st century jobs trust fund established in section 7.
History: 2000, Act 489, Imd. Eff. Jan. 11, 2001
Am. 2005, Act 232, Imd. Eff. Nov. 21, 2005
Am. 2016, Act 193, Imd. Eff. June 21, 2016
© 2017 Legislative Council, State of Michigan