Michigan § 205.911 Comprehensive road funding fund.

Michigan Statutes

§ 205.911 — Comprehensive road funding fund.

Michigan § 205.911

Ch. 205TAXATION

Act 23 of 2025COMPREHENSIVE ROAD FUNDING TAX ACT (205.901-205.913)

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Bluebook

Mich. Comp. Laws § 205.911 (2026).

Text

COMPREHENSIVE ROAD FUNDING TAX ACT (EXCERPT) Act 23 of 2025 205.911 Comprehensive road funding fund. Sec. 11.

(1)The comprehensive road funding fund is created in the state treasury.

(2)The state treasurer shall deposit money and other assets received from any source in the fund. The state treasurer shall direct the investment of money in the fund and credit interest and earnings from the investments to the fund.

(3)The department is the administrator of the fund for audits of the fund.

(4)The department shall expend money from the fund, on appropriation, only for the implementation and administration of this act.

(5)Money in the fund at the close of the fiscal year remains in the fund and does not lapse to the general fund.

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COMPREHENSIVE ROAD FUNDING TAX ACT (EXCERPT) Act 23 of 2025 205.911 Comprehensive road funding fund. Sec. 11. (1) The comprehensive road funding fund is created in the state treasury. (2) The state treasurer shall deposit money and other assets received from any source in the fund. The state treasurer shall direct the investment of money in the fund and credit interest and earnings from the investments to the fund. (3) The department is the administrator of the fund for audits of the fund. (4) The department shall expend money from the fund, on appropriation, only for the implementation and administration of this act. (5) Money in the fund at the close of the fiscal year remains in the fund and does not lapse to the general fund.