Bill Text: MI SB0426 | 2015-2016 | 98th Legislature | Introduced
Bill Title: Aeronautics; funds; qualified airport fund; create. Amends sec. 34 of 1945 PA 327 (MCL 259.34). TIE BAR WITH: SB 0418'15, SB 0425'15, SB 0612'15, SB 0613'15, SB 0614'15
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2015-12-31 - Assigned Pa 0259'15 With Immediate Effect [SB0426 Detail]
Download: Michigan-2015-SB0426-Introduced.html
SENATE BILL No. 426
July 1, 2015, Introduced by Senator SCHMIDT and referred to the Committee on Transportation.
A bill to amend 1945 PA 327, entitled
"Aeronautics code of the state of Michigan,"
by amending section 34 (MCL 259.34), as amended by 1996 PA 370.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec.
34. There is hereby created a fund to be known as the
"state
The state aeronautics fund." fund is created. All money
received from aviation fuel taxes, including, but not limited to,
the wholesale tax under section 203, licensing of schools of
aviation, airports, landing fields, airport managers, registration
of aircraft and airmen, and from the operation of state operated
airports,
landing fields, and other aeronautical facilities, shall
must be paid into the state treasury and credited to this fund.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.
Enacting section 2. This amendatory act does not take effect
unless all of the following bills of the 98th Legislature are
enacted into law:
(a) Senate Bill No. 416.
(b) Senate Bill No. 417.
(c) Senate Bill No. 418.
(d) Senate Bill No. 425.
