Michigan § 550.1761 Administration of assessment; conflicting provisions of law; rules; annual report.

Michigan Statutes

§ 550.1761 — Administration of assessment; conflicting provisions of law; rules; annual report.

Michigan § 550.1761

Ch. 550GENERAL INSURANCE LAWS

Act 175 of 2018INSURANCE PROVIDER ASSESSMENT ACT (550.1751-550.1767)

This text of Michigan § 550.1761 (Administration of assessment; conflicting provisions of law; rules; annual report.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 550.1761 (2026).

Text

INSURANCE PROVIDER ASSESSMENT ACT (EXCERPT) Act 175 of 2018 550.1761 Administration of assessment; conflicting provisions of law; rules; annual report. Sec. 11.

(1)The department shall administer the assessment imposed under this act under 1941 PA 122, MCL 205.1 to 205.31, and this act. If 1941 PA 122, MCL 205.1 to 205.31, and this act conflict, the provisions of this act apply. The assessment imposed under this act is a tax for the purpose of 1941 PA 122, MCL 205.1 to 205.31.

(2)The department may promulgate rules to implement this act under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328.

(3)The assessment imposed under this act is not considered an assessment or burden for purposes of the tax, or as a credit toward or payment instead of the tax under sect

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INSURANCE PROVIDER ASSESSMENT ACT (EXCERPT) Act 175 of 2018 550.1761 Administration of assessment; conflicting provisions of law; rules; annual report. Sec. 11. (1) The department shall administer the assessment imposed under this act under 1941 PA 122, MCL 205.1 to 205.31, and this act. If 1941 PA 122, MCL 205.1 to 205.31, and this act conflict, the provisions of this act apply. The assessment imposed under this act is a tax for the purpose of 1941 PA 122, MCL 205.1 to 205.31. (2) The department may promulgate rules to implement this act under the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328. (3) The assessment imposed under this act is not considered an assessment or burden for purposes of the tax, or as a credit toward or payment instead of the tax under section 476a of the insurance code of 1956, 1956 PA 218, MCL 500.476a. (4) The department shall submit an annual report to the state budget director, the senate and house of representatives standing committees on appropriations and insurance, and the senate and house fiscal agencies not later than 120 days after May 15 that states the amount of revenue collected from insurance providers under this act for the preceding state fiscal year and the costs incurred for administration and compliance requirements under this act for the preceding state fiscal year.