Bill Text: MI SB0721 | 2021-2022 | 101st Legislature | Introduced

NOTE: There are more recent revisions of this legislation. Read Latest Draft

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Bill Title: State financing and management: funds; references in the health and safety fund act to the tobacco products tax act; update. Amends sec. 3 of 1987 PA 264 (MCL 141.473). TIE BAR WITH: SB 0720'21

Spectrum: Partisan Bill (Republican 1-0)

Status: (Passed) 2022-08-17 - Assigned Pa 0172'22 With Immediate Effect [SB0721 Detail]

Download: Michigan-2021-SB0721-Introduced.html

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SENATE BILL NO. 721

A bill to amend 1987 PA 264, entitled

"Health and safety fund act,"

by amending section 3 (MCL 141.473), as amended by 1998 PA 529.

the people of the state of michigan enact:

Sec. 3. (1) The health and safety fund is created in the state treasury.

(2) The state treasurer shall credit the health and safety fund with deposits the portion of the proceeds from the excise tax on cigarettes authorized to be deposited into the health and safety fund under section 12(3)(a) 12 of the tobacco products tax act, 1993 PA 327, MCL 205.432.

Enacting section 1. This amendatory act does not take effect unless Senate Bill No. 720 of the 101st Legislature is enacted into law.