The bill amends the existing law regarding the classification and funding of public roads, streets, and highways in Michigan, specifically focusing on the creation of two new funds: the movable bridge fund and the neighborhood roads fund. The movable bridge fund will be managed by the state treasurer and will receive money from various sources, with the department responsible for developing operational procedures and cost estimates for publicly owned movable bridges. The bill outlines the distribution of funds for operational costs and mandates that any agency or person responsible for a movable bridge must submit annual operational procedures and costs to the department.

Additionally, the neighborhood roads fund is established to support local infrastructure projects, with specific allocations for bridge repairs, local grade separation, and public transportation services. The bill specifies how funds will be distributed from this new fund over the next several fiscal years, including provisions for matching funds and the creation of an infrastructure projects authority fund to support mobility projects. The enactment of this bill is contingent upon the passage of several other related bills in the legislature.

Statutes affected:
Substitute (H-1): 247.661
Senate Introduced Bill: 247.660, 247.661
As Passed by the Senate: 247.660, 247.661
As Passed by the House: 247.661
Senate Concurred Bill: 247.661
Public Act: 247.661