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MI SB0977
Bill
AI Summary
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Replace "shall" with "must" throughout section 8 to update statutory language for clarity and consistency
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Lower the annual collected producer assessments threshold for reduced audit requirements from $50,000.00 to $40,000.00, based on a 3-year average
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Change audit frequency for committees with assessments at or below the threshold from twice between referenda to once between referenda
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Remove the requirement for financial reviews in years when audits are not conducted
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Add language affirming that the department retains authority to conduct oversight activities under the act
Legislative Description
Agriculture: associations and commissions; growth assessments audit requirements; modify. Amends sec. 8 of 1965 PA 232 (MCL 290.658).
State agencies (existing): agriculture and rural development
Last Action
Referred To Committee On Agriculture
6/15/2022