Michigan SB0063 amends the Michigan Natural Resources Trust Fund to include the state department in recipients of trust fund payments.
Michigan SB0063 modifies the Michigan Natural Resources Trust Fund to allow the state department to receive payments from the fund for public recreation facilities. The fund's interest and earnings can be used for land acquisition, development, renovation, and redevelopment of public recreation facilities. If state-owned land is sold, the state must deposit a portion of the proceeds back into the trust fund.
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