Michigan Laws 445.641 – Distribution of money left in fund
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 445.641
- Dealer: means that term as defined in section 1 of the beverage container law, MCL 445. See Michigan Laws 445.633
- Department: means the department of treasury. See Michigan Laws 445.633
- Fund: means the beverage container redemption antifraud fund created in section 7. See Michigan Laws 445.633
- Reverse vending machine: means that term as defined in the reverse vending machine antifraud act. See Michigan Laws 445.633
- 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
- Vision technology: means that term as defined in the reverse vending machine antifraud act. See Michigan Laws 445.633
If the department determines that it has paid the reverse vending machine manufacturers for retrofitting all of the reverse vending machines located in the counties described in section 7(2), and for the acquisition of any new reverse vending machines under section 6 for use in those counties for which it has received applications for payment, and the total of those payments is less than the amount in the fund, the department shall distribute the money remaining in the fund to dealers for the purchase of new reverse vending machines. All of the following apply to a payment of money under this section:
(a) A dealer requesting money under this section shall submit an application for payment, in the form prescribed by the department.
(b) A dealer shall only use money received under this section to purchase a new reverse vending machine that meets the requirement of the reverse vending machine antifraud act and that the dealer will operate that reverse vending machine at a location in this state.
(c) The amount of a payment to a dealer under this section shall not exceed that part of the price of the new reverse vending machine attributable to the cost of installation of the machine’s vision technology, as determined by the department.
(d) The department shall disburse money from the fund under this section in the order in which it receives applications for payment under this section.