Section 436.1303a Michigan Craft Beverage Council Fund; Creation; Receipt of Money or Other Assets; Deposit; Investment; Interest and Earnings; Money Remaining at Close of Fiscal Year; Expenditure; "Michigan Craft Beverage Council" Defined.

MI Comp L § 436.1303a (2019) (N/A)

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Sec. 303a.

(1) The Michigan craft beverage council fund is created within the state treasury.

(2) The state treasurer may receive money or other assets from any source for deposit into the Michigan craft beverage council fund. The state treasurer shall direct the investment of the Michigan craft beverage council fund. The state treasurer shall credit to the Michigan craft beverage council fund interest and earnings from fund investments.

(3) Money in the Michigan craft beverage council fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.

(4) Subject to subsection (5), money from the Michigan craft beverage council fund shall be expended annually, upon appropriation, for the following:

(a) Not more than $80,000.00 may be used by the department of agriculture and rural development to administer the grants program under section 303.

(b) Not less than 50% of the money that is expended after the expenditure under subdivision (a) shall be used for grants under section 303(7)(a).

(d) For the Michigan craft beverage council to carry out its responsibilities under this act.

(5) Notwithstanding subsection (4), if the Michigan craft beverage council receives money under section 303(9)(a), the money may be expended for the purposes and subject to the conditions for which it was received.

(6) As used in this section, "Michigan craft beverage council" means the Michigan craft beverage council created in section 303.

History: Add. 2018, Act 155, Eff. Oct. 1, 2018

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Section 436.1303 Grape and Wine Industry Council; Creation; to Be Known as Michigan Craft Beverage Council; Appointment, Qualifications, and Terms of Members; Chairperson; Personnel; Expenses; Liability on Contracts; Compensation; Books and Records; Disposition of Money Received; Award and Administration of Grants; Duties and Powers of Council; Rules; Lobbying Prohibited; Exception; Establishment of Commodity Committee; Definitions.

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Section 436.1305 Wine Industry; Purpose of Section; Reasons for Regulation; Definitions; Prohibited Conduct; Servicing Impacted Sales Territory; Termination, Cancellation, Nonrenewal, or Discontinuance of Agreement; Burden; Notice; Test Marketing; Sales and Distribution; Transfer of Wholesaler's Business; Compensation for Diminished Value of Wholesaler's Business; Arbitration; Costs; Default; Waiver; Good Faith Dispute Settlement; Agreement Binding on Successor to Supplier; Agreements to Which Section Applicable; Civil Action for Actual Damages; Liability; Action for Declaratory Judgment; Exemplary Damages; Injunctive Relief; Procedure for Resolving Violations.