MI SB0887

Establishes tiered license fees for grain dealer receiving points based on bushel capacity, ranging from $500 for facilities with 100,000 bushels or less to $1,000 for facilities exceeding 400,000 bushels

Sets license fees for farm produce truckers at $500 for the first vehicle and $200 for each additional vehicle

Charges $1,000 for a grain merchandiser's license

Creates the grain dealer's fees fund to receive all license fees and administrative fines, with remaining funds after legislative appropriations retained in the fund rather than reverting to the general fund

Authorizes the state treasurer to adjust the fee schedule annually by up to 5% based on Detroit consumer price index changes, rounded to the nearest $5.00 increment