Introduced
To authorize the Department of Transportation to enter “public-private partnerships” to provide a “transportation facility,” including the Detroit River International Crossing project (DRIC) and other projects. The bill establishes a regulatory framework for such projects, including provisions allowing future toll revenue to be pledged against debt incurred for the project ("bond sales"), but not allowing the debt to be backed by the state’s full faith and credit.
Referred to the Committee on Transportation
