Introduced
by
To prohibit a state transportation commission from borrowing more than $100 million in any fiscal year without first giving the state House and Senate at least 30 days' notice. Also, to empower the legislature to halt the borrowing with record roll call votes in the House and Senate on a resolution to do so.
Referred to the Committee on Appropriations
Reported without amendment
With the recommendation that the bill pass.
Passed in the Senate 22 to 16 (details)
To prohibit a state transportation commission from borrowing more than $100 million in any fiscal year without first giving the legislature at least 30 days' notice. The bill would empower the legislature to halt the borrowing with a majority vote in the House and Senate. If this bill were passed and signed by the Governor (unlikely), it would likely lead to suspension of $3.5 billion in road repair debt that Gov. Gretchen Whitmer ordered the commission to approve, which it did on Jan. 30, 2020.
Referred to the Committee on Transportation
