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MI SB0945
Bill
AI Summary
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Establishes Section 10f to redirect vehicle registration tax revenue differences for vehicles registered under Michigan Vehicle Code section 801(1)(p), calculated as the difference between pre-January 1, 2017 and post-January 1, 2017 registration tax amounts.
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Requires the Secretary of State to return the registration tax difference to county treasurers in counties where registrants reside and distribute the funds to county road commissions.
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Mandates that money received by county road commissions under this provision be used exclusively for preservation and maintenance of county roads within that county.
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Amends Section 10 of 1951 PA 51 to reference the new Section 10f in the apportionment of Michigan transportation fund money.
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Takes effect 90 days after enactment into law.
Legislative Description
Transportation; funds; revenue from increased vehicle registration fees earmarked to road funding; allocate to county where registrant resides. Amends sec. 10 of 1951 PA 51 (MCL 247.660) & adds sec. 10f.
State agencies (existing): state
Last Action
Referred To Committee On Transportation
4/17/2018