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Sec. 4.

(1) This section applies to all matters before the commission for which the commission has jurisdiction under article II or V.

(2) The commission or an employee to whom has been delegated the authority to make an initial decision in a matter related to a motor carrier:

(a) Shall, in any case in which an oral hearing is held, complete all evidentiary proceedings related to the matter not later than 180 days following institution of the proceeding, shall issue in writing the proposal for decision not later than 270 days following institution of the proceeding, and shall issue in writing the final decision not later than 300 days following institution of the proceeding.

(b) Shall, in the case of all other proceedings subject to this section, issue in writing the proposal for decision not later than 120 days following institution of the proceeding, and shall issue in writing the final decision not later than 180 days following institution of the proceeding.

(3) In extraordinary circumstances the commission may extend a time period established by this section. However, the total of all extensions with respect to any matter subject to this section shall not exceed 90 days.