Transportation: funds; road investment incentive program; create. Amends 1951 PA 51 (MCL 247.651 - 247.675) by adding sec. 10q.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill creates a Road Investment Incentive Program administered by the Michigan Department of Transportation. The program provides matching grants to local road agencies for construction, maintenance, or repair projects on highways, roads, streets, and bridges. Grants are awarded on a dollar-for-dollar matching basis, using local funds only, and are capped at one mill of taxable value per dollar of grant funding.
Key provisions
- Establishes a Road Investment Incentive Program.
- Grants are awarded on a matching dollar-for-dollar basis.
- Local road agencies must use local funds to match grants.
- Grants are capped at one mill of taxable value per dollar of grant funding.
- The Department of Transportation will create application criteria and post them online.
- Local agencies must verify their dedicated local funds annually.
- Grants are for construction, maintenance, or repair of highways, roads, streets, and bridges.
Who is affected
- Michigan Department of Transportation
- Local road agencies (counties, cities, villages)
- Taxpayers (through property taxes)
Notable changes
- Introduces a new funding mechanism for local road projects.
Fiscal impact
The bill proposes a cap on grant funding based on taxable value, potentially increasing local property taxes to support the program.
Bill text
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Document of record
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- Senate Introduced Bill
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