Bill Text: MI SB0254 | 2017-2018 | 99th Legislature | Introduced

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Bill Title: Environmental protection; underground storage tanks; refined petroleum fund; modify allowable expenditures. Amends sec. 21506a of 1994 PA 451 (MCL 324.21506a).

Spectrum: Partisan Bill (Republican 1-0)

Status: (Introduced - Dead) 2017-03-21 - Referred To Committee On Appropriations [SB0254 Detail]

Download: Michigan-2017-SB0254-Introduced.html

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SENATE BILL No. 254

 

 

March 21, 2017, Introduced by Senator GREEN and referred to the Committee on Appropriations.

 

 

     A bill to amend 1994 PA 451, entitled

 

"Natural resources and environmental protection act,"

 

by amending section 21506a (MCL 324.21506a), as amended by 2016 PA

 

467.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 21506a. (1) The refined petroleum fund is created within

 

the state treasury.

 

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

 

any source for deposit into the refined petroleum fund. The state

 

treasurer shall direct the investment of the refined petroleum

 

fund. The state treasurer shall credit to the refined petroleum

 

fund interest and earnings from refined petroleum fund investments.

 

     (3) Money in the refined petroleum fund at the close of the

 

fiscal year shall remain remains in the refined petroleum fund and

 

shall does not lapse to the general fund.

     (4) Money from the refined petroleum fund shall be expended,

 

upon appropriation, only for 1 or more of the following purposes:

 

     (a) Corrective actions performed by the department pursuant to

 

section 21320.

 

     (b) The reasonable costs of the department in administering

 

the refined petroleum fund and implementing part 213.

 

     (c) Not more than $5,000,000.00 annually for petroleum product

 

inspection programs under both of the following:

 

     (i) The weights and measures act, 1964 PA 283, MCL 290.601 to

 

290.635.

 

     (ii) The motor fuels quality act, 1984 PA 44, MCL 290.641 to

 

290.650d.

 

     (d) Not more than $3,000,000.00 annually for the bureau of

 

fire services and office of the state fire marshal, storage tank

 

division, in the department of licensing and regulatory affairs.

 

     (e) Other purposes as determined by the legislature.