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Michigan Legislature
Michigan Compiled Laws Complete Through PA 22 of 2017
House: Adjourned until Tuesday, May 2, 2017 1:30:00 PM
Senate: Adjourned until Tuesday, May 2, 2017 10:00:00 AM

Michigan Legislature

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Section 247.911

TRANSPORTATION ECONOMIC DEVELOPMENT FUND (EXCERPT)
Act 231 of 1987


247.911 Bonds; issuance; purpose; appropriation of fund revenue; percentages; distribution to certain targeted industries; reduction.

Sec. 11.

(1) Bonds may be issued as authorized by the commission for the purpose of funding projects under this act in the manner provided in sections 18b and 18k of 1951 PA 51, MCL 247.668b and 247.668k, and in accordance with the adopted policies of the commission. Bonds shall not be committed for any project under this act until the requirements under section 3(1) have been satisfied.

(2) After the payment of interest and principal on bonds issued under this act and the appropriation for costs of administration of the fund as provided under this act, fund revenue shall be annually appropriated as follows:

(a) The first $5,000,000.00 for a forest roads program. Forest roads program funds shall be distributed each fiscal year to each qualified county in a percentage amount equal to the same percentage amount that the number of acres of commercial forest, national park, and national lakeshore land in each qualified county bears to the total number of acres of commercial forest, national park, and national lakeshore land in all qualified counties in this state. Revenue distributed under this subdivision shall be used for the construction or reconstruction of roads.

(b) The next $2,500,000.00 of the fund shall be distributed each fiscal year for improvements within rural counties to roads and streets that are eligible for federal aid and are located inside the boundaries of an urban area or an urbanized area as determined by the most recent federal decennial census and as adjusted by the department.

(3) Of the balance remaining after funding projects under subsection (2), projects shall be funded in the categories described in section 9 based on the following percentages:

(a) 50% for economic development road projects in any of the targeted industries. For the fiscal year ending September 30, 2017 only, the allocation made under this subdivision shall be reduced by $9,423,700.00.

(b) 25% for projects to reduce congestion on county primary and city major streets within urban counties including advanced traffic management systems. The funds shall be distributed to counties with populations in excess of 400,000 in accordance with the following formula:

 Population  Percentage of Funds
1,750,000 or more 16%
1,000,000 to 1,749,999 40%
650,001 to 999,999 20%
400,000 to 650,000 24%

When 2 or more counties occupy the same category, the funds shall be divided equally.

Projects funded under this category shall be used for the widening of county primary roads or city major streets or for advanced traffic management systems in eligible counties.

(c) 25% for projects within rural counties. These revenues shall be distributed for the improvement of rural primary roads in rural counties and major streets in cities and villages with a population of 5,000 or less that are located outside the boundaries of an urban area or an urbanized area as determined by the most recent federal decennial census and as adjusted by the department. Funds distributed under this subdivision shall be allocated by the commission to the regional rural task force areas defined in section 12a in the same proportion that the rural primary mileage of the regional rural task force area bears to the total rural primary mileage of all counties. Each rural county shall be credited with an allocation in the proportion that the county's rural primary mileage is to the total rural primary mileage of those rural counties within the same regional rural task force area. Projects funded under this subdivision shall be limited to upgrading rural primary roads and major streets to create an all-season road network. For the fiscal year ending September 30, 2016 only, the allocation made under this subdivision shall be reduced by $2,000,000.00, and $2,000,000.00 shall be allocated to the appropriated project as described in section 901 of article XX of 2016 PA 268.

(4) Beginning October 1, 2015, for the fiscal year ending September 30, 2016 only, the following amounts are appropriated from the fund and the distribution to targeted industries under subsection (3)(a) shall be reduced accordingly:

(a) $2,000,000.00 for credit to the state trunk line fund established in section 11 of 1951 PA 51, MCL 247.661, for the purposes of matching available federal-aid highway funds.

(b) $2,000,000.00 for credit to the state aeronautics fund established in section 34 of the aeronautics code of the state of Michigan, 1945 PA 327, MCL 259.34, for the purpose of a 1-time airport safety appropriation.

(5) Beginning October 1, 2016, for the fiscal year ending September 30, 2017 only, $10,400,000.00 is appropriated from the fund for credit to the state trunk line fund established in section 11 of 1951 PA 51, MCL 247.661, for the purpose of road and bridge construction, and the distribution to targeted industries under subsection (3)(a) shall be reduced accordingly.


History: 1987, Act 231, Imd. Eff. Dec. 28, 1987 ;-- Am. 1989, Act 218, Imd. Eff. Dec. 1, 1989 ;-- Am. 1991, Act 188, Imd. Eff. Dec. 27, 1991 ;-- Am. 1993, Act 149, Imd. Eff. Aug. 19, 1993 ;-- Am. 2007, Act 168, Imd. Eff. Dec. 21, 2007 ;-- Am. 2008, Act 364, Imd. Eff. Dec. 23, 2008 ;-- Am. 2009, Act 136, Imd. Eff. Nov. 4, 2009 ;-- Am. 2011, Act 145, Imd. Eff. Sept. 21, 2011 ;-- Am. 2012, Act 621, Imd. Eff. Jan. 9, 2013 ;-- Am. 2014, Act 302, Imd. Eff. Oct. 9, 2014 ;-- Am. 2016, Act 273, Imd. Eff. July 1, 2016 ;-- Am. 2016, Act 501, Imd. Eff. Jan. 9, 2017


© 2015 Legislative Council, State of Michigan

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