Michigan SB0806 creates a hyperbaric oxygen therapy inspection fund in the state treasury.
Michigan SB0806 amends the Public Health Code by establishing the hyperbaric oxygen therapy inspection fund in the state treasury. The fund will receive money from licensing fees for freestanding hyperbaric oxygen therapy facilities. The state treasurer will manage the fund's investments, crediting interest and earnings to the fund. The Department of Licensing and Regulatory Affairs will administer the fund, using its money solely for inspecting these facilities. The act will not take effect unless Senate Bills 803, 804, and 805 are also enacted.
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