Bill Text: MI HB4440 | 2015-2016 | 98th Legislature | Engrossed
Bill Title: Transportation; funds; transportation economic development fund sunset; revise. Amends sec. 11 of 1987 PA 231 (MCL 247.911).
Spectrum: Partisan Bill (Republican 1-0)
Status: (Passed) 2016-07-13 - Assigned Pa 273'16 With Immediate Effect [HB4440 Detail]
Download: Michigan-2015-HB4440-Engrossed.html
HB-4440, As Passed House, April 29, 2015
SUBSTITUTE FOR
HOUSE BILL NO. 4440
A bill to amend 1987 PA 231, entitled
"An act to create a transportation economic development fund in the
state treasury; to prescribe the uses of and distributions from
this fund; to create the office of economic development and to
prescribe its powers and duties; to prescribe the powers and duties
of the state transportation department, state transportation
commission, and certain other bodies; and to permit the issuance of
certain bonds,"
by amending section 11 (MCL 247.911), as amended by 2014 PA 302.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
1 Sec. 11. (1) Bonds may be issued as authorized by the
2 commission for the purpose of funding projects under this act in
3 the manner provided in sections 18b and 18k of 1951 PA 51, MCL
4 247.668b and 247.668k, and in accordance with the adopted policies
5 of the commission. Bonds shall not be committed for any project
6 under this act until the requirements under section 3(1) have been
7 satisfied.
1 (2) After the payment of interest and principal on bonds
2 issued under this act and the appropriation for costs of
3 administration of the fund as provided under this act, fund revenue
4 shall be annually appropriated as follows:
5 (a) The first $5,000,000.00 for a forest roads program. Forest
6 roads program funds shall be distributed each fiscal year to each
7 qualified county in a percentage amount equal to the same
8 percentage amount that the number of acres of commercial forest,
9 national park, and national lakeshore land in each qualified county
10 bears to the total number of acres of commercial forest, national
11 park, and national lakeshore land in all qualified counties in this
12 state. Revenue distributed under this subdivision shall be used for
13 the construction or reconstruction of roads.
14 (b) The next $2,500,000.00 of the fund shall be distributed
15 each fiscal year for improvements to roads and streets that are
16 eligible for federal aid in cities and villages having a population
17 of 5,000 or greater within rural counties.
18 (3) Of the balance remaining after funding projects pursuant
19 to under subsection (2), projects shall be funded in the
categories
20 described in section 9 based on the following percentages:
21 (a) Except as otherwise provided in subsection (4), 50% for
22 economic development road projects in any of the targeted
23 industries.
24 (b) 25% for projects to reduce congestion on county primary
25 and city major streets within urban counties including advanced
26 traffic management systems. The funds shall be distributed to
27 counties with populations in excess of 400,000 in accordance with
1 the following formula:
2 Population Percentage of Funds
3 1,750,000 or more 16%
4 1,000,000 to 1,749,999 40%
5 650,001 to 999,999 20%
6 400,000 to 650,000 24%
7 When 2 or more counties occupy the same category, the funds
8 shall be divided equally.
9 Projects funded under this category shall be used for the
10 widening of county primary roads or city major streets or for
11 advanced traffic management systems in eligible counties.
12 (c) 25% for development projects within rural counties. These
13 revenues shall be distributed for the improvement of rural primary
14 roads in rural counties and major streets in cities and villages
15 with a population of 5,000 or less. Funds distributed under this
16 subdivision shall be allocated by the commission to the regional
17 rural task force areas defined in section 12a in the same
18 proportion that the rural primary mileage of the regional rural
19 task force area bears to the total rural primary mileage of all
20 counties. Each rural county shall be credited with an allocation in
21 the proportion that the county's rural primary mileage is to the
22 total rural primary mileage of those rural counties within the same
23 regional rural task force area. Projects funded under this
24 subdivision shall be limited to upgrading rural primary roads and
25 major streets to create an all-season road network.
26 (4) For the fiscal years ending September 30, 2011, September
1 30, 2012, September 30, 2013, and September 30, 2014, and September
2 30, 2016 only, there is appropriated $12,000,000.00 from the fund
3 for credit to the state trunk line fund established in section 11
4 of 1951 PA 51, MCL 247.661, for the purposes of matching available
5 federal-aid highway funds, and the distribution to targeted
6 industries under subsection (3)(a) shall be reduced accordingly.
7 (5) The obligation authority for any federal funds allocated
8 under section 10 of 1951 PA 51, MCL 247.660, shall be distributed
9 equally among urban task forces and regional rural task forces
10 according to the distribution formula outlined in subsection (3)(b)
11 and (c). An additional 1.5% of the obligation authority for federal
12 funds identified in section 10 of 1951 PA 51, MCL 247.660, shall be
13 distributed among the regional rural task forces according to the
14 distribution formula outlined in subsection (3)(c). These funds
15 shall be obligated and used consistent with section 10 of 1951 PA
16 51, MCL 247.660.
17 Enacting section 1. This amendatory act takes effect October
18 1, 2015.