5-YEAR & 10-YEAR PLAN; REQUIRE S.B. 516 (S-1):
SUMMARY OF BILL
REPORTED FROM COMMITTEE
Senate Bill 516 (Substitute S-1 as reported)
Committee: Transportation and Infrastructure
CONTENT
The bill would amend the Michigan Transportation Fund law to do the following:
-- Before March 1 of each year, require the Michigan Department of Transportation (MDOT) to provide the Legislature, the State Budget Director, and the House and Senate Fiscal Agencies its rolling five-year plan, and specify the information that would have to be included in the plan.
-- Beginning January 1, 2020, require MDOT to issue a 20-year plan that showed MDOT's plan for road construction every 10 years, and to provide a copy of the plan to the Legislature, the State Budget Director, and the House and Senate Fiscal Agencies.
-- Modify the period, from at least three to at least five years, that a local road agency’s asset management plan would have to cover.
MCL 247.659 et al. Legislative Analyst: Tyler VanHuyse
FISCAL IMPACT
The bill likely would have minimal, negative fiscal impacts on the Department and on local road agencies because of the increased administrative costs associated with changing, or adding information to, their respective asset management plans. A long-term positive fiscal impact related to longer asset management planning could be possible, but is not quantifiable.
Date Completed: 11-8-19 Fiscal Analyst: Michael Siracuse
This 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.