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MI SB0627
Bill
AI Summary
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Establishes the "Michigan Alternative Project Delivery Act" authorizing public authorities to develop transportation and facility projects through public-private agreements with private parties.
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Allows public authorities to use alternative procurement methods including competitive proposals, unsolicited proposals, and direct negotiations to award public-private agreements.
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Exempts property developed under public-private agreements from state and local ad valorem and other property taxes.
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Permits public authorities to impose and collect user fees on eligible projects through various technological means and allows triple damages plus enforcement costs for unpaid fees on transportation projects.
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Limits initial public-private agreements to 50 years from project completion and requires public authorities to conduct public hearings at least every 5 years to review eligible projects.
Legislative Description
State financing and management; authorities; public-private partnerships; allow for certain public authorities. Creates new act.
State agencies (existing): transportation
Last Action
Referred To Committee On Commerce And Trade
12/1/2016