Sec. 15.
For administration and compliance requirements created by this act, in the 2018-2019 state fiscal year and each fiscal year thereafter, the department shall receive from the insurance provider fund created in section 13 an amount not to exceed 1/2 of 1% of the annual remittances under this act in the 2018-2019 state fiscal year, subject to annual appropriation by the legislature.
History: 2018, Act 175, Imd. Eff. June 11, 2018
Structure Michigan Compiled Laws
Chapter 550 - General Insurance Laws
Act 175 of 2018 - Insurance Provider Assessment Act (550.1751 - 550.1767)
Section 550.1751 - Short Title.
Section 550.1753 - Definitions.
Section 550.1757 - Assessment; Levy; Rates; Payment Method.
Section 550.1763 - Insurance Provider Fund; Establishment; Creation; Deposit; Transfer of Money.