(1) For revenues disbursed after June 30, 1994, to determine the proportion for the disbursement of revenues under this part and for attribution of revenues under subsection (2)(b) for revenues collected under this part, the number of mills levied for local school district operating purposes to be used in the calculation shall equal the number of mills for local school district operating purposes levied in 1993 minus the number of mills levied under the state education tax act, Act No. 331 of the Public Acts of 1993, being section 211.901 to 211.906 of the Michigan Compiled Laws, for the year for which the disbursement is calculated.
  (2) Except as provided in subdivision (b), for revenues disbursed after June 30, 1994, the revenues collected under this part shall be distributed as follows:

Terms Used In Michigan Laws 324.51109

  • declassification: means the removal of the commercial forest designation pursuant to section 51116. See Michigan Laws 324.51101
  • Department: means the director of the department of natural resources or his or her designee to whom the director delegates a power or duty by written instrument. See Michigan Laws 324.301
  • Fund: means the commercial forest fund created under section 51112. See Michigan Laws 324.51101
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  (a) In the case of intermediate school districts receiving state aid under sections 56, 62, and 81 of the state school aid act of 1979, Act No. 94 of the Public Acts of 1979, being sections 388.1656 , 388.1662, and 388.1681 of the Michigan Compiled Laws, all or a portion of the amount that would otherwise be disbursed to these intermediate school districts from the following revenue sources, as determined under a formula prescribed by the department of management and budget on the basis of the tax rate utilized to compute the amount of state aid for the intermediate school district, shall be paid instead to the state treasury to the credit of the state school aid fund established by section 11 of article IX of the state constitution of 1963:
   (i) Revenues from that portion of the levy of a specific tax over 15 cents per acre pursuant to section 51105.
   (ii) Revenues from that portion of state payments in excess of 25 cents per acre which are made pursuant to section 51106.
   (iii) Revenues from remitted withdrawal penalties and fees imposed pursuant to section 51108.
   (iv) Revenues from declassification penalties and fees pursuant to section 51116 .
   (v) Revenues from remitted stumpage or yield tax collections made under former Act No. 94 of the Public Acts of 1925.
  (b) For revenues disbursed after June 30, 1994, the amount that would otherwise be disbursed to a local school district for school operating purposes shall be paid instead to the state treasury and credited to the state school aid fund established by section 11 of article IX of the state constitution of 1963.
  (3) Except as provided in subsection (2)(a), as used in this section “revenues” means all of the following:
  (a) The specific tax levied pursuant to section 51105.
  (b) State payments made pursuant to section 51106.
  (c) Withdrawal penalties and fees imposed pursuant to section 51108.
  (d) Declassification penalties and fees pursuant to section 51116.
  (e) Revenue from remitted stumpage or yield tax collections made under former Act No. 94 of the Public Acts of 1925.