2007 Senate Bill 98 / Public Act 210

Authorize local borrowing for certain bridge projects

Introduced in the Senate

Jan. 25, 2007

Introduced by Sen. Jud Gilbert (R-25)

To authorize borrowing by a local government for bridge projects that have been approved in the multiyear plans of local bridge councils (which determine which projects will get funded from a state Local Bridge Fund), but for which funds have not yet been allocated. The bill would allow local governments to borrow money for such projects, and use funds that are later allocated from the Local Bridge Fund to repay the borrowed amount.

Referred to the Committee on Transportation

May 2, 2007

Reported without amendment

With the recommendation that the substitute (S-2) be adopted and that the bill then pass.

May 3, 2007

Substitute offered

To replace the previous version of the bill with one that revises details but does not change the substance of the bill as previously described.

The substitute passed by voice vote

May 8, 2007

Passed in the Senate 38 to 0 (details)

Received in the House

May 8, 2007

Referred to the Committee on Transportation

Nov. 8, 2007

Reported without amendment

Without amendment and with the recommendation that the bill pass.

Dec. 13, 2007

Passed in the House 99 to 9 (details)

To authorize borrowing by a local government for bridge projects that have been approved in the multiyear plans of local bridge councils (which determine which projects will get funded from a state Local Bridge Fund), but for which funds have not yet been allocated. The bill would allow local governments to borrow money for such projects, and use funds that are later allocated from the Local Bridge Fund to repay the borrowed amount.

Signed by Gov. Jennifer Granholm

Dec. 27, 2007