Amount Received From Health Insurance Claims Assessment Fund; Limitation; Report - Mich. Comp. Laws Section 550.1739
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550.1739 Amount received from health insurance claims assessment fund; limitation; report.Sec. 9.
(1) For administration and compliance requirements created by this act, in the 2011-2012 state fiscal year and each fiscal year thereafter, the department shall receive from the health insurance claims assessment fund created in section 7 an amount not to exceed 1% of the annual remittances under this act in the 2011-2012 state fiscal year, subject to annual appropriation by the legislature.
(2) Not later than March 1 of each year, the department shall report to the appropriations committees of the house of representatives and the senate and to the house and senate fiscal agencies the costs incurred for administration and compliance requirements as of the end of the immediately preceding state fiscal year.
History: 2011, Act 142, Imd. Eff. Sept. 20, 2011
Section: 550.1733 550.1733a 550.1734 550.1735 550.1736 550.1737 550.1738 550.1739 550.1740 550.1741 550.1801 550.1803 550.1805 550.1807 550.1809
Last modified: March 17, 2013
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