MI HB5423

Creates a bottle deposit fund in the department of treasury as a revolving fund that does not revert to the general fund, replacing previous language about a "bottle deposit fund which" structure.

Creates a new bottle bill enforcement fund in the department of treasury as a revolving fund to support enforcement and investigation of bottle deposit violations.

Redistributes unredeemed bottle deposit money paid to the department of treasury as follows: 40% to the department of environment, Great Lakes, and energy (75% to the renew Michigan fund for recycling, 25% to the cleanup and redevelopment trust fund); 25% to dealers based on empty containers handled; 20% to distributors based on empty containers handled; and 15% to the bottle bill enforcement fund.

Requires the department of treasury to publish annually by June 1 information related to bottle deposit collections and submit a report to the legislature.

Takes effect 90 days after enactment and is contingent upon Senate Bill No. ___ or House Bill No. 5422 being enacted into law.