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MI SB0711

Bill

Status

Engrossed

6/12/2018

Primary Sponsor

Jim Stamas

Click for details

Origin

Senate

99th Legislature

AI Summary

  • Amends the Hertel-Law-T. Stopczynski port authority act to revise definitions of "port facilities" and "project," excluding bridges and tunnels from port authority jurisdiction.

  • Removes the authority's power of condemnation to acquire property, and modifies language regarding property acquisition to purchase or lease only.

  • Expands port authority powers to include public-private partnerships for authorities created before the effective date, and clarifies the executive director position as the chief executive officer.

  • Adds new Section 16a restricting revenue bond issuance: authorities cannot finance non-authority-owned projects unless located within 5 miles of commercially navigable waters providing access to port facilities within the authority's jurisdiction.

Legislative Description

State financing and management; authorities; port authority act; revise. Amends secs. 2, 8 & 9 of 1978 PA 639 (MCL 120.102 et seq.).

State financing and management: authorities

Last Action

Referred To Committee On Commerce And Trade

6/12/2018

Committee Referrals

Commerce And Trade6/12/2018
Economic Development And International Investment12/5/2017

Full Bill Text

No bill text available