MI SB0203

Establishes Michigan Transportation Fund to receive motor fuel tax revenue, vehicle registration fees, and motor carrier act revenue, with deposits managed as a separate state treasury fund.

Allocates Michigan Transportation Fund revenues to state trunk line fund (39.1%), county road commissions (39.1%), and cities/villages (21.8%), with specified amounts reserved for local bridge fund, rail grade crossing improvements, and comprehensive transportation purposes.

Creates local bridge fund with $3,000,000+ annual minimum allocation, establishes local bridge advisory board with county and municipal representatives, and authorizes state transportation commission to issue $30,000,000+ in bonds to supplement bridge funding.

Adds new funding mechanism for rail grade crossing surface improvements on local roads, requiring state trunk line fund to cover 60% of project costs with railroad companies funding remaining 40%.

Requires state trunk line fund to dedicate at least 90% of state revenue annually to highway/bridge preservation and debt service, with 5-year warranty requirements for contracted construction work.