Section 324.8514 - Fertilizer control fund; creation; deposits; lapse; expenditures.
NATURAL RESOURCES AND ENVIRONMENTAL PROTECTION ACT (EXCERPT)
Act 451 of 1994
324.8514 Fertilizer control fund; creation; deposits; lapse; expenditures.
Sec. 8514.
(1) The fertilizer control fund is created within the state treasury.
(2) The state treasurer shall receive for deposit in the fund all fees, administrative or civil fines, and payments for the costs of investigations incurred by the department collected under this part. In addition, the state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.
(3) Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.
(4) The department shall expend money from the fund, upon appropriation, only for 1 or more of the following purposes:
(a) The administration and enforcement of this part.
(b) The development of training programs to ensure the proper use and storage of fertilizer.
History: Add. 1995, Act 60, Imd. Eff. May 24, 1995 ;-- Am. 2006, Act 503, Eff. Mar. 30, 2007
Popular Name: Act 451
Popular Name: NREPA