Michigan Compiled Laws § 550.1739 Amount Received From Health Insurance Claims Assessment Fund; Limitation; Report.

***** 550.1739 THIS SECTION IS REPEALED BY ACT 58 OF 2013 EFFECTIVE JANUARY 1, 2018 *****

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

Compiler's Notes: Enacting section 2 of Act 142 of 2011 provides:"Enacting section 2. This act is repealed effective January 1, 2014."Enacting section 2 of Act 58 of 2013 provides:"Enacting section 2. This act is repealed effective January 1, 2018."

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Last modified: October 10, 2016