The bill amends the Michigan Vehicle Code by creating the Transportation Administration Collection Fund within the state treasury. It allows the state treasurer to receive and invest money from collections authorized under the act, ensuring that the fund's interest and earnings are credited to it. The bill specifies that money in the fund at the end of the fiscal year will not lapse into the Michigan transportation fund. It also outlines the conditions under which the Department of State and the Department of Treasury can expend money from the fund, primarily for necessary collection expenses related to motor fuel taxes and other specified sections of law.

Additionally, the bill introduces a provision that mandates a reduction of $1,700,000 annually from the fund starting in the fiscal year ending September 30, 2027, through the fiscal year ending September 30, 2029. This amount is to be deposited into the general fund. The Department of State is required to file an annual report detailing the deposits and expenditures from the fund, and the state transportation department must review the funds received to explore opportunities for leveraging additional federal funds.

Statutes affected:
Substitute (H-1): 257.810, 257.233
House Introduced Bill: 257.233
As Passed by the House: 257.810, 257.233