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MI SB1071

Bill

Official Source

Status

Passed

10/21/2020

Primary Sponsor

Adam Hollier

Click for details

Origin

Senate

100th Legislature

AI Summary

  • Amends section 11 of 1987 PA 231 regarding the Transportation Economic Development Fund to modify fund allocation and distribution procedures.

  • Reduces the allocation for economic development road projects in targeted industries by $3,000,000 annually for fiscal years ending September 30, 2019-2023, redirecting these funds to projects benefiting eligible cities and villages.

  • Reduces the allocation for economic development road projects by an additional $13,000,000 for fiscal years ending September 30, 2020 and September 30, 2021 only.

  • Requires the Office of Economic Development to use geographic distribution as a grant selection criterion for redirected projects and allows eligible cities and villages to apply for grants in consecutive fiscal years.

  • Took effect immediately upon approval by the Governor on October 15, 2020.

Legislative Description

Transportation: funds; fund shift for the transportation economic development fund; provide for. Amends sec. 11 of 1987 PA 231 (MCL 247.911).

State financing and management: budget

Last Action

Assigned Pa 0204'20 With Immediate Effect

10/21/2020

Committee Referrals

Appropriations8/15/2020

Full Bill Text

No bill text available