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MI SB0490
Bill
AI Summary
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Allows the Mackinac Bridge Authority to enter into a self-insurance agreement with the state transportation department for bridge assets and activities.
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Establishes a self-insurance reserve account funded by annual authority payments of at least $200,000 until reaching $1,000,000 in total funds.
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Requires the state transportation department to pay claims exceeding the reserve account balance using funds constitutionally restricted to transportation purposes.
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Directs the state transportation department to defend the authority in lawsuits covered by the self-insurance agreement and control litigation decisions in consultation with the authority.
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Effective immediately upon governor approval on July 9, 2009.
Legislative Description
Highways; bridges; self-insured program for Mackinac bridge authority; create. Amends title of 1950 (Ex Sess) PA 21 (MCL 254.301 - 254.302) & adds sec. 1a.
Highways, bridges
Last Action
Assigned Pa 0071'09 With Immediate Effect
7/15/2009