HB 5721 Summary

• Redirects tobacco tax proceeds previously credited to the state general fund to the Michigan transportation fund established under 1951 PA 51, MCL 247.660.

• Applies to four separate tax distributions: 24.1% of cigarette tax proceeds beginning October 1, 2014; 9.0% of certain cigarette tax proceeds beginning July 1, 2004; 18.4% of other tobacco product tax proceeds; and 25.0% of additional cigarette tax proceeds beginning October 1, 2005.

• Requires the Michigan state capitol commission to report annually by February 1 to the Michigan capitol committee and appropriations committee chairs on maintenance plans, 5-year projections, and large-scale projects exceeding $1,000,000 for the Michigan State Capitol Historical Site.

• Adjusts the $3,000,000 annual allocation to the Michigan State Capitol Historic Site fund beginning in fiscal year 2015-2016 based on cumulative changes in the Consumer Price Index, with no adjustment if the index is negative.

• Maintains existing distributions of tobacco tax proceeds to the state school aid fund, Healthy Michigan fund, Medicaid benefits trust fund, and health and safety fund.