An act to amend 2000 PA 489, entitled “An act to create certain funds; to provide for the allocation of certain revenues among certain funds and for the operation, investment, and expenditure of certain funds; and to impose certain duties and requirements on certain state officials,”by amending section 7 (MCL 12.257), as amended by 2020 PA 171.
House Bill 5006 would amend the Michigan Trust Fund Act to extend through FY 2025-26 a requirement that $75.0 million in tobacco settlement revenue be deposited annually into the 21st Century Jobs Trust Fund. Under current law, the annual deposit of $75.0 million into the 21st Century Jobs Trust Fund (21st CJTF) would end in FY 2022-23.
Introduced
by
Referred to the Committee on Appropriations
Reported with substitute H-1
Substitute H-1 concurred in by voice vote
Passed in the House 56 to 54 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Appropriations
Discharged from committee
Referred to the Committee of the Whole
Reported without amendment
Passed in the Senate 20 to 18 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
