Current through Public Act 166 of the 2024 Legislative Session
Section 206.995 - Annual reportEach program manager shall file an annual report with the treasurer that includes all of the following:
(a) The names and identification numbers of account owners and designated beneficiaries. The information reported pursuant to this subdivision is not subject to the freedom of information act, 1976 PA 442, MCL 15.231 to 15.246.(b) The total amount contributed to all accounts during the year.(c) All distributions from all accounts and whether or not each distribution was a qualified withdrawal.(d) Any information that the program manager or treasurer may require regarding the taxation of amounts contributed to or withdrawn from accounts.Added by 2015, Act 160,s 15, eff. 1/26/2016.