{"data":{"id":"us-mi/mich.-comp.-laws-324.14512","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.14512","heading":"Retired engineers technical assistance program fund; creation; disposition of funds; limitation; lapse; annual report; expenditure.","body":"Sec. 14512.\n\nThe retired engineers technical assistance program fund is created within the state treasury.\n\nThe state treasurer may receive money or other assets from any source for deposit into the RETAP fund. The state treasurer shall direct the investment of the RETAP fund. The state treasurer shall credit to the RETAP fund interest and earnings from fund investments.\n\nThe total amount of money in the RETAP fund shall not exceed $10,000,000.00.\n\nTo capitalize the RETAP fund, $700,000.00 from fees collected under section 11108 is appropriated and transferred from the general fund to the RETAP fund. If the RETAP fund is capitalized from a different source, $700,000.00 is appropriated and transferred from the RETAP fund back to the waste reduction fee fund.\n\nMoney in the RETAP fund at the close of the fiscal year shall remain in the RETAP fund and shall not lapse to the general fund.\n\nThe state treasurer shall annually report to the legislature on the amount of money in the RETAP fund.\n\nThe department shall expend money from the RETAP fund, upon appropriation, to administer and operate the RETAP.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-14512","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"5cd3ca9265e86e40cf2bec5bde51377468f762a2d2d81e80a3de2154fe43419c","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.14511","next":"us-mi/mich.-comp.-laws-324.14513"},"notice":"GroundRules: Original legal text. Not legal advice."}