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MI SB1274
Bill
AI Summary
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Amends 1951 PA 51 (Michigan's transportation act) by adding section 10q to authorize deposit of money from section 1904 of the Natural Resources and Environmental Protection Act into the Michigan Transportation Fund.
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Requires the state treasurer to receive and deposit funds distributed under MCL 324.1904 into the Michigan Transportation Fund, notwithstanding existing section 10 restrictions.
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Authorizes counties, cities, and villages to use appropriated funds from the Michigan Transportation Fund for construction, maintenance, and improvement of roads, streets, and bridges.
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Takes effect only upon enactment of Senate Bill 1273 of the 96th Legislature (tie-bar provision).
Legislative Description
Transportation; funds; Michigan transportation fund; amend to provide for expenditure of money from the endowment fund. Amends 1951 PA 51 (MCL 247.65 - 247.675) by adding sec. 10q. TIE BAR WITH: SB 1273'12
State financing and management, funds
Last Action
Referred To Committee On Appropriations
9/13/2012