APPROPRIATION TO MACK. BRIDGE AUTH. S.B. 981: COMMITTEE SUMMARY
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Senate Bill 981 (as introduced 12-6-07)
Sponsor: Senator Jason E. Allen
Committee: Commerce and Tourism
Date Completed: 12-10-07
CONTENT
The bill would amend the Michigan Transportation Fund law to provide for an annual appropriation of at least $5.25 million from the State Trunk Line Fund, beginning in fiscal year (FY) 2008-09, to the Mackinac Bridge Authority to be used for capital improvement purposes.
MCL 247.661 Legislative Analyst: Patrick Affholter
FISCAL IMPACT
As noted above, the bill would directly appropriate at least $5.25 million per year from the State Trunk Line Fund to the Mackinac Bridge Authority (MBA) for capital improvement projects beginning in FY 2008-09. The implementation of this bill would result in a commensurate reduction in statewide road and bridge maintenance funding.
Improvements to the Mackinac Bridge are currently funded through bridge tolls. The MBA website lists major infrastructure projects totaling $300 million over the next 20 years and also outlines a plan to increase tolls on January 1, 2008, to pay for the increased maintenance costs.
Fiscal Analyst: Debra Hollon
Analysis was prepared by nonpartisan Senate staff for use by the Senate in its deliberations and does not constitute an official statement of legislative intent. sb981/0708