Sec. 8.
(1) A grain dealer shall pay a license fee to the department with an application for a license or renewal of a license. The license fee is the sum of all of the following that apply to the grain dealer:
| (a) | For each receiving point of the grain dealer that has total bushel capacity of: | ||
| (i) | 100,000 or less................................ | $ | 500.00 |
| (ii) | More than 100,000 and 200,000 or less.......... | $ | 625.00 |
| (iii) | More than 200,000 and 300,000 or less.......... | $ | 750.00 |
| (iv) | More than 300,000 and 400,000 or less.......... | $ | 875.00 |
| (v) | More than 400,000.............................. | $ | 1,000.00 |
| (b) | For vehicles owned by a farm produce trucker: | ||
| (i) | For 1 vehicle.................................. | $ | 500.00 |
| (ii) | For each additional vehicle.................... | $ | 200.00 |
| (c) | For a grain merchandiser's license............. | $ | 1,000.00 |
(3) A license fee determined under subsection (1) is the fee for a 1-year license. If the department has issued a license for a period of longer than 1 year under section 4(4), it shall require a license fee increased on a proportionate basis to reflect the longer term of the license.
(4) Every year, the department may adjust the fee schedule in subsection (1) by an amount determined by the state treasurer to reflect the cumulative annual percentage change in the Detroit consumer price index over the 1-year period. An adjustment under this subsection shall not exceed 5% even if the amount determined by the state treasurer to reflect the cumulative annual percentage change over the 1-year period is more than 5%. A fee adjusted under this subsection shall be rounded to the nearest $5.00 increment. As used in this subsection, "Detroit consumer price index" means the most comprehensive index of consumer prices available for the Detroit area from the bureau of labor statistics of the United States department of labor.
History: 1939, Act 141, Eff. Sept. 29, 1939 ;-- CL 1948, 285.68 ;-- Am. 1976, Act 259, Imd. Eff. Aug. 12, 1976 ;-- Am. 2002, Act 80, Eff. Mar. 31, 2003 ;-- Am. 2010, Act 264, Imd. Eff. Dec. 14, 2010 ;-- Am. 2012, Act 148, Imd. Eff. May 30, 2012