APPROPRIATION SUPPLEMENTAL - S.B. 302: FLOOR ANALYSIS
Senate Bill 302 (as reported without amendment)
Sponsor: Senator Philip E. Hoffman
Committee: Appropriations
CONTENT
Senate Bill 302 provides for a $70,000,000 FY 1996-97 Supplemental for the Department of Transportation and local road authorities. The appropriation consists of $50,000,000 from the unreserved balance of the Comprehensive Transportation Fund, $13,400,000 from implementation of the Motor Carrier Diesel Fuel Tax increase, and the balance from overall revenue growth.
FISCAL IMPACT
The bill allocates the $70,000,000 as follows:
State Trunkline | (39.1%) | $27,370,000 |
County Road Commissions | (39.1%) | 27,370,000 |
Cities & Villages | (21.8%) | 15,260,000 |
In FY 1995-96 local road authorities received $693,899,770.30 from the Michigan Transportation Fund (MTF) distribution formula (including the local program fund). The supplemental represents a 6.1% increase to local authorities.
Date Completed: 3-19-97 - Fiscal Analyst: B. Bowerman
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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.