Michigan SB0913 eliminates the sunset provision for certain tobacco settlement revenue deposits into the 21st century jobs trust fund.
Michigan SB0913 amends the state's management of funds by removing the sunset provision for certain tobacco settlement revenue deposits into the 21st century jobs trust fund. This fund, established in the Department of Treasury, consists of donations, net proceeds from tobacco settlement revenues, and amounts appropriated from the general fund. The bill ensures that these deposits continue indefinitely, supporting ongoing state initiatives.
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