2015 Michigan Compiled Laws
Chapter 207 - Taxation
Act 403 of 2000 MOTOR FUEL TAX ACT (207.1001 - 207.1170)***** 207.1002.amended THIS AMENDED SECTION IS EFFECTIVE JANUARY 1, 2017 *****
***** 207.1002 THIS SECTION IS AMENDED EFFECTIVE JANUARY 1, 2017: See 207.1002.amended *****
Section 207.1143.amended Deposit of money in state treasury; credit.
***** 207.1143.amended THIS AMENDED SECTION IS EFFECTIVE JANUARY 1, 2017 *****
207.1143.amended Deposit of money in state treasury; credit.
Sec. 143.
(1) Except as otherwise provided in subsection (2) or in section 142, all sums of money received and collected under this act, except for license fees, and after the payment of the necessary expenses incurred in the enforcement of this act, are appropriated to and shall be deposited in the state treasury to the credit of the Michigan transportation fund created in section 10 of 1951 PA 51, MCL 247.660.
(2) Beginning in fiscal year 2016-2017 and each fiscal year thereafter, the first $100,000,000.00 received and collected attributable to taxes imposed under section 8(1) shall be annually deposited into the state treasury to the credit of the roads innovation fund created in section 1j of 1951 PA 51, MCL 247.651j. However, once the funds are released by the 1-time concurrent resolution required under section 1j of 1951 PA 51, MCL 247.651j, funds shall no longer be annually deposited into the roads innovation fund under this subsection.
History: 2000, Act 403, Eff. Apr. 1, 2001 ;-- Am. 2015, Act 176, Eff. Jan. 1, 2017
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