Bill Text: MI SB0207 | 2013-2014 | 97th Legislature | Introduced

---

Bill Title: Transportation; funds; financial assistance from department of transportation to rail freight and marine freight facilities; require. Amends sec. 17 of 1976 PA 295 (MCL 474.67).

Spectrum: Partisan Bill (Republican 9-0)

Status: (Introduced - Dead) 2013-02-20 - Referred To Committee On Outdoor Recreation And Tourism [SB0207 Detail]

Download: Michigan-2013-SB0207-Introduced.html

---

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

SENATE BILL No. 207

 

 

February 20, 2013, Introduced by Senators PROOS, JANSEN, BOOHER, NOFS, BRANDENBURG, HANSEN, GREEN, PAPPAGEORGE and CASPERSON and referred to the Committee on Outdoor Recreation and Tourism.

 

 

 

     A bill to amend 1976 PA 295, entitled

 

"State transportation preservation act of 1976,"

 

by amending section 17 (MCL 474.67), as amended by 1998 PA 235.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 17. (1) The department may shall provide financial

 

assistance, within the limits and conditions of the funds money

 

appropriated by the legislature , or otherwise obtained, for

 

grants, leases, loans, and purchases, or any combination of grants,

 

leases, loans, and purchases, for the establishment, continuation,

 

and improvement of production, operation, maintenance, and support

 

facilities of rail freight and marine freight transportation.

 

     (2) The following funds money shall be deposited in the state

 

treasury and shall be held as a separate fund, to be known as the

 

rail freight fund, which shall be administered by the department

 

for the purposes and within the limits and conditions of funds

 

money appropriated by the legislature for the purposes of under

 

subsection (1):

 

     (a) The funds Money repaid under a contract entered into

 

pursuant to subsection (1).

 

     (b) Revenue received from the sale, lease, or other

 

disposition of property acquired under this act.

 

     (c) Railroad operating subsidies refunded to the this state

 

pursuant to a contract.

 

     (d) Revenue received from the sale or lease of a tug barge or

 

related facilities constructed or acquired with comprehensive

 

transportation fund money or comprehensive transportation fund bond

 

proceeds.