January 24, 2019, Introduced by Reps. Yaroch, Chirkun, Steven Johnson and LaGrand and referred to the Committee on Transportation.
A bill to amend 1984 PA 270, entitled
"Michigan strategic fund act,"
(MCL 125.2001 to 125.2094) by adding section 15.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 15. (1) Notwithstanding any other provision of this act,
all money and assets of the fund are declared public money and
assets and shall be disbursed only as provided by law in an
(2) Beginning fiscal year 2019-2020 and each fiscal year
thereafter, each year $60,000,000.00 of fund revenue from Indian
gaming compact receipts and other sources shall be deposited into
the Michigan transportation fund established in section 10 of 1951
PA 51, MCL 247.660, and distributed as provided in section 10(1)(l)
of 1951 PA 51, MCL 247.660.