Plain English Breakdown
The official source material does not specify that the state treasury is required to manage the distribution of funds, only that it relates to sales tax collections and management of funds by state agencies.
Distributing Sales Tax for Public Safety
This law changes how certain sales tax revenue is distributed, adding some of it to a new fund aimed at public safety and violence prevention.
What This Bill Does
- Changes the way certain sales tax revenue is distributed.
- Allocates part of the sales tax money to a new Public Safety and Violence Prevention Fund.
Who It Names or Affects
- The state government, especially the Department of Treasury.
- People who pay sales tax in Michigan.
Terms To Know
- Public Safety and Violence Prevention Fund
- A new fund created to support programs that help keep people safe and prevent violence.
- Sales Tax Revenue
- Money collected from sales tax paid by consumers in Michigan.
Limits and Unknowns
- The exact amount of sales tax revenue going into the new fund is not specified.
- It's unclear how the money will be used once it goes into the Public Safety and Violence Prevention Fund.