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STATE BRIDGE COMMISSION; PUBLIC WORKS Act 147 of 1935 AN ACT authorizing the acquisition, improvement, construction, operation and maintenance of certain public works by the state; providing for the creation of the state bridge commission; authorizing the issuance of revenue bonds of the state payable solely from earnings to pay the cost of such works; making such bonds exempt from taxation and making them eligible for certain investments; providing for the collection of fees, rents, tolls and other charges for the payment of such bonds and for the cost of maintenance, operation and repair of the works; declaring that no debt of the state shall be incurred in the exercise of any of the powers granted by this act; and providing for condemnation.
History: 1935, Act 147, Imd. Eff. June 4, 1935 © 2017 Legislative Council, State of Michigan The People of the State of Michigan enact: