MI SB0989

Amends section 21 of the Use Tax Act to direct how tax collections are deposited and distributed among state funds and authorities.

Deposits aviation fuel use tax collections (at the 2% additional rate) beginning October 1, 2016 quarterly, with 35% to the state aeronautics fund and 65% to the qualified airport fund.

Directs collections from the use tax imposed under section 3f beginning January 1, 2017 to the health services fund created in the Michigan trust fund act, with restrictions prohibiting use for Medicaid benefits or medical services administration.

Requires the department to annually reconcile distributed aviation fuel tax amounts with actual collections and make adjustments to the next calendar quarter distribution beginning January 1.

Act takes effect only upon enactment of Senate Bills 987, 988, and 990 of the 98th Legislature.