Act No. 102

Public Acts of 2008

Approved by the Governor

April 18, 2008

Filed with the Secretary of State

April 18, 2008

EFFECTIVE DATE: April 18, 2008

STATE OF MICHIGAN

94TH LEGISLATURE

REGULAR SESSION OF 2008

Introduced by Reps. Horn, Ebli, Lemmons, Condino, Brown, Espinoza, Valentine, Simpson, Corriveau, Angerer, Lindberg and Dean

ENROLLED HOUSE BILL No. 5867

AN ACT to amend 2000 PA 489, entitled "An act to create certain funds; to provide for the allocation of certain revenues among certain funds and for the operation, investment, and expenditure of certain funds; and to impose certain duties and requirements on certain state officials," by amending section 8 (MCL 12.258), as added by 2005 PA 232.

The People of the State of Michigan enact:

Sec. 8. (1) Upon request from the fund board as defined in section 88a of the Michigan strategic fund act, 1984 PA270, MCL 125.2088a, except as provided in subsection (2), the state treasurer shall transfer and disburse appropriated funds from the 21st century jobs trust fund only for the purpose of carrying out and at the specified time and as necessary to implement chapter 8A of the Michigan strategic fund act, 1984 PA 270, MCL 125.2088 to 125.2088p.

(2) The state treasurer shall transfer and disburse the amounts described in section 7(1)(b) for the purposes described in chapter 8B of the Michigan strategic fund act, 1984 PA 270, MCL 125.2089 to 125.2089d, as provided by an appropriation.

This act is ordered to take immediate effect.

Clerk of the House of Representatives

Secretary of the Senate

Approved

Governor