November 13, 2008, Introduced by Senators BROWN and JELINEK and referred to the Committee on Appropriations.
A bill to reimburse certain reverse vending machine
manufacturers for their costs in connection with retrofitting
certain reverse vending machines; to create the reverse vending
machine retrofitting program; to create the reverse vending machine
retrofitting fund; and to provide for the powers and duties of
certain state governmental officers and entities.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 1. This act shall be known and may be cited as the
"reverse vending machine retrofitting act".
Sec. 3. As used in this act:
(a) "Department" means the department of treasury.
(b) "Fund" means the reverse vending machine retrofitting fund
created in section 7.
(c) "Reverse vending machine" means that term as defined in
the reverse vending machine act.
(d) "Reverse vending machine manufacturer" means that term as
defined in the reverse vending machine act.
Sec. 5. The reverse vending machine retrofitting program is
created, to be administered by the department. The department shall
do all of the following in connection with the administration of
the program:
(a) Reimburse reverse vending machine manufacturers for their
costs in connection with retrofitting existing reverse vending
machines to comply with the reverse vending machine act.
(b) Develop a written agreement to be entered into by a
reverse vending machine manufacturer that qualifies for
reimbursement of its costs under subdivision (a) and the
department. All of the following apply to the agreement described
in this subdivision:
(i) The department shall prescribe the form of the agreement.
(ii) The agreement shall include the terms and conditions
applicable to any reimbursement payments under this act and the
obligations of the reverse vending machine manufacturer concerning
the use of money received under this act.
(iii) The agreement shall require a reverse vending machine
manufacturer to submit a payment request form, in the form
prescribed by the department, for each payment of money under this
act. A payment request form submitted under this subdivision shall
include contact information for the reverse vending machine
manufacturer, the number of machines retrofitted by the
manufacturer, the serial number of those machines, where those
machines are located, and any other information required by the
department.
Sec. 7. The reverse vending machine retrofitting fund is
created in the state treasury. All of the following apply to the
fund:
(a) The state treasurer may receive money appropriated to the
fund or money or other assets from any other source for deposit
into the fund. The state treasurer shall direct the investment of
the fund. The state treasurer shall credit to the fund interest and
earnings from fund investments.
(b) Money in the fund at the close of the fiscal year shall
remain in the fund and shall not lapse to the general fund.
(c) The department is the administrator of the fund for
auditing purposes.
(d) The department shall expend money from the fund, upon
appropriation, only to provide reimbursement payments under section
5.
Enacting section 1. This act takes effect on the effective
date of the first appropriation of money by the legislature for the
reverse vending machine retrofitting fund created in this act.
Enacting section 2. This act does not take effect unless
Senate Bill No. 822 or House Bill No. 5147 of the 94th Legislature
is enacted into law.