Michigan Senate approves $1.2 billion road funding plan, now up for House vote
A $1.2 billion road funding plan has cleared the state Senate.
The new "compromise" plan takes $600 million from existing revenues to the state's General Fund, $400 million from a seven-cent-per-gallon increase in the state's gas tax, and $200 million from an increase in vehicle registration fees.
The state Senate narrowly approved the bill Tuesday afternoon. Senator Wayne Schmidt, R–Traverse City, said the bill is long overdue.
"Fixing Michigan's roads has been a priority for years," Schmidt said. "Today we are acting to make sure Michiganders will be able to drive on good, safe roads and bridges to come."
The bills now go to the state House, which could hold votes later today.
*We will update this post later in the day.