Michigan HB5087 modifies the disbursement of tobacco tax revenue, allocating funds to various state funds and programs.

Michigan HB5087 amends the disbursement of revenue derived from tobacco taxes. It specifies that 75% of the proceeds from tobacco taxes must be credited to the Michigan Medicaid benefits trust fund, while 25% must go to the state's general fund. Additionally, it mandates that 2.4375% of the proceeds from cigarette taxes be allocated to the health and safety fund, with other portions going to the state school aid fund, the healthy Michigan fund, and the general fund.

Michigan HB5087 modifies the disbursement of tobacco tax revenue, allocating funds to various state funds and programs.

Michigan HB5087 amends the disbursement of revenue derived from tobacco taxes. It specifies that 75% of the proceeds from tobacco taxes must be credited to the Michigan Medicaid benefits trust fund, while 25% must go to the state's general fund. Additionally, it mandates that 2.4375% of the proceeds from cigarette taxes be allocated to the health and safety fund, with other portions going to the state school aid fund, the healthy Michigan fund, and the general fund.