April 21, 2011, Introduced by Rep. Johnson and referred to the Committee on Natural Resources, Tourism, and Outdoor Recreation.
A bill to amend 1994 PA 451, entitled
"Natural resources and environmental protection act,"
by amending section 1903 (MCL 324.1903), as amended by 2002 PA 52.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1903. (1) Subject to the limitations of this part and of
section 35 of article IX of the state constitution of 1963, the
interest and earnings of the trust fund in any 1 state fiscal year
may be expended in subsequent state fiscal years only for the
following purposes:
(a) The acquisition of land or rights in land for recreational
uses or protection of the land because of its environmental
importance or its scenic beauty.
(b) The development of public recreation facilities.
(c) The administration of the fund, including payments in lieu
of taxes on state owned land purchased through the trust fund. The
legislature shall make appropriations from the trust fund each
state fiscal year to make full payments in lieu of taxes on state-
owned land purchased through the trust fund.
(2) In addition to the money described in subsection (1), 33-
1/3% of the money, exclusive of interest and earnings, received by
the trust fund in any state fiscal year may be expended in
subsequent state fiscal years for the purposes described in
subsection (1). However, the authorization for the expenditure of
money provided in this subsection does not apply after the state
fiscal year in which the total amount of money in the trust fund,
exclusive of interest and earnings and amounts authorized for
expenditure under this section, exceeds $500,000,000.00.
(3) An expenditure from the trust fund may be made in the form
of a grant to a local unit of government or public authority,
subject to all of the following conditions:
(a) The grant is used for the purposes described in subsection
(1). and
meets the requirements of either subdivision (b) or (c).
(b)
A The grant for the purposes described in subsection
(1)(a)
is matched by the local unit of
government or public
authority with at least 25% of the total cost of the project.
(c)
A grant for the purposes described in subsection (1)(b) is
matched
by the local unit of government with 25% or more of the
total
cost of the project.
(4) Not less than 25% of the total amounts made available for
expenditure from the trust fund from any state fiscal year shall be
expended for acquisition of land and rights in land, and not more
than 25% of the total amounts made available for expenditure from
the trust fund from any state fiscal year shall be expended for
development of public recreation facilities.
(5) If property that was acquired with money from the trust
fund is subsequently sold or transferred by the state to a
nongovernmental entity, the state shall forward to the state
treasurer for deposit into the trust fund an amount of money equal
to the following:
(a) If the property was acquired solely with trust fund money,
the greatest of the following:
(i) The net proceeds of the sale.
(ii) The fair market value of the property at the time of the
sale or transfer.
(iii) The amount of money that was expended from the trust fund
to acquire the property.
(b) If the property was acquired with a combination of trust
fund money and other restricted funding sources governed by federal
or state law, an amount equal to the percentage of the funds
contributed by the trust fund for the acquisition of the property
multiplied by the greatest of the amounts under subdivision (a)(i),
(ii), or and (iii).