There Is a Newer Version of the Michigan Compiled Laws
2011 Michigan Compiled Laws
Chapter 12 — STATE TREASURER
Act 489 of 2000 — MICHIGAN TRUST FUND ACT (12.251 - 12.260)
Section 12.256 — Expenditure of medicaid benefits trust fund revenues.
MI Comp L § 12.256 (1996 through Reg Sess) What's This?
MICHIGAN TRUST FUND ACT (EXCERPT)
Act 489 of 2000
12.256 Expenditure of medicaid benefits trust fund revenues.
Sec. 6.
The legislature shall authorize the expenditure of medicaid benefits trust fund revenues through an appropriation act only for 1 or more of the following purposes:
(a) To finance a shortfall in the medicaid program due to a disallowance of medicaid payments from the federal government.
(b) To offset any decline in revenue caused by federal medicaid policy changes.
History: 2000, Act 489, Imd. Eff. Jan. 11, 2001
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