SB-1150 Summary

• Appropriates $102,100,900 for capital outlay projects at state agencies, universities, and community colleges for fiscal year 2010-2011, funded primarily through the Michigan Natural Resources Trust Fund ($102,098,400) and state general fund ($2,500).

• Authorizes planning funds for 10 university construction projects (including bio-sciences building at Central Michigan University, engineering center at Oakland University, and biomedical research building at Wayne State University) with total estimated costs ranging from $20-$200 million per project.

• Authorizes planning funds for 10 community college projects (including nursing lab renovations, health science buildings, and facility upgrades) with total estimated costs ranging from $1.5-$19.9 million per project.

• Authorizes state building authority financing for community college and university construction projects including science buildings and technology centers at Henry Ford, Monroe County, and Ferris State facilities.

• Establishes capital outlay procedures requiring community colleges and universities to maintain total project costs, obtain matching funds (minimum 50% non-state share for most projects), and comply with department oversight and reporting requirements for all planning and construction activities.