The bill amends the 1951 PA 51, which regulates the classification and funding of public roads, streets, and highways in Michigan, by introducing new provisions that prioritize the comprehensive transportation fund for the payment of principal and interest on transportation bonds. It mandates that the fund cover administrative costs adjusted by the Consumer Price Index and allocates funds for operating grants to eligible authorities based on population size. Key changes include requirements for preferential fares for seniors and persons with disabilities, as well as the distribution of funds to match federal funding for approved projects. The bill also establishes a process for local transportation programs, ensuring public notice and comment opportunities.

Additionally, the bill creates the Infrastructure Projects Authority Fund, which will be managed by the department for auditing purposes, ensuring that funds are used according to specified guidelines and do not lapse into the general fund. It allows for the allocation of up to 20% of the fund for supplemental operating grants to eligible entities, contingent on maintaining a balanced budget. The department is also authorized to invest in infrastructure mobility projects, emphasizing the importance of these investments for enhancing transportation connectivity and regional economic growth. Overall, the amendments aim to improve the efficiency, accountability, and effectiveness of transportation funding and services in Michigan.

Statutes affected:
House Introduced Bill: 247.660, 247.663