Michigan Compiled Laws, Chapter 436. Alcoholic Beverages § 436.1303a

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 must remain in the fund and must not lapse to the general fund.However, for the fiscal year ending September 30, 2020, $476,500.00 of the money in the Michigan craft beverage council fund is transferred to and must be deposited into the general fund.

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

(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.