HOUSE BILL No. 6440

 

September 11, 2008, Introduced by Rep. Bieda and referred to the Committee on Great Lakes and Environment.

 

     A bill to amend 1976 IL 1, entitled

 

"A petition to initiate legislation to provide for the use of

returnable containers for soft drinks, soda water, carbonated

natural or mineral water, other nonalcoholic carbonated drink, and

for beer, ale, or other malt drink of whatever alcoholic content,

and for certain other beverage containers; to provide for the use

of unredeemed bottle deposits; to prescribe the powers and duties

of certain state agencies and officials; and to prescribe penalties

and provide remedies,"

 

by amending section 3e (MCL 445.573e), as added by 1996 PA 384.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 3e. (1) The cleanup and redevelopment trust fund is

 

created within the state treasury.

 

     (2) The state treasurer may receive money or other assets from

 

any source for deposit into the trust fund. The state treasurer

 

shall direct the investment of the trust fund. The state treasurer

 


shall credit to the trust fund interest and earnings from trust

 

fund investments.

 

     (3) Money in the trust fund at the close of the fiscal year

 

shall remain in the trust fund and shall not lapse to the general

 

fund.

 

     (4) The Upon appropriation, the state treasurer shall annually

 

disburse the following amounts from the trust fund:

 

     (a) For each of the state fiscal years 1996-1997, 1997-1998,

 

and 1998-1999, up to $15,000,000.00 each year of money in the trust

 

fund to the cleanup and redevelopment fund created in section 20108

 

of part 201 (environmental remediation) of the natural resources

 

and environmental protection act, Act No. 451 of the Public Acts of

 

1994, being section 324.20108 of the Michigan Compiled Laws 1994 PA

 

451, MCL 324.20108.

 

     (b) In addition to the disbursements under subdivision (a),

 

each state fiscal year, 80% of the revenues money received by the

 

trust fund from disbursements under section 3c to the cleanup and

 

redevelopment fund created in section 20108 of the natural

 

resources and environmental protection act, 1994 PA 451, MCL

 

324.20108, and 10% to the community pollution prevention fund

 

created in section 3f.

 

     (c) For the state fiscal years 2008-2009 and 2009-2010, a

 

cumulative total of $2,000,000.00 for grants for retrofitting

 

reverse vending machines that dealers use to process returnable

 

containers to enable the machines to reject beverage containers

 

that were not sold in this state.

 

     (5) All money in the trust fund that is not disbursed pursuant

 


to subsection (4) shall remain in the trust fund until the trust

 

fund reaches an accumulated principal of $200,000,000.00. After the

 

trust fund reaches an accumulated principal of $200,000,000.00,

 

interest and earnings of the trust fund only shall be expended,

 

upon appropriation, for the purposes specified in section 20113(4)

 

of part 201 (environmental remediation) of the natural resources

 

and environmental protection act, Act No. 451 of the Public Acts of

 

1994, being section 324.20113 of the Michigan Compiled Laws 1994 PA

 

451, MCL 324.20113.

 

     (6) As used in this section, "trust fund" means the cleanup

 

and redevelopment trust fund created in subsection (1).