Michigan HB6037 modifies the allocation of federal highway funds, setting specific percentages for local jurisdictions and detailing the process for.

Michigan HB6037 amends the allocation of federal highway funds, requiring 23-27% of federal funds for road and bridge construction to be allocated to local jurisdictions. It excludes certain federal aid from this calculation, including congestion mitigation and air quality funds. The bill mandates that funds be distributed based on an average allocation percentage, adjusted for state buyouts of local federal aid. It outlines a process for exchanging state funds for federal aid obligation authority, with specific minimum amounts set for fiscal years 2023-2027.

Michigan HB6037 modifies the allocation of federal highway funds, setting specific percentages for local jurisdictions and detailing the process for.

Michigan HB6037 amends the allocation of federal highway funds, requiring 23-27% of federal funds for road and bridge construction to be allocated to local jurisdictions. It excludes certain federal aid from this calculation, including congestion mitigation and air quality funds. The bill mandates that funds be distributed based on an average allocation percentage, adjusted for state buyouts of local federal aid. It outlines a process for exchanging state funds for federal aid obligation authority, with specific minimum amounts set for fiscal years 2023-2027.