HB 5221 - Capital Outlay Project - Michigan Key Vote

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Title: Capital Outlay Project

Vote Smart's Synopsis:

Vote to pass a bill that provides $280.1 million in state funds for projects including the construction of new education buildings and the development and maintenance of state infrastructure.

Highlights:

-Plans to provide for $675.25 million in funding to state college building projects (Sec. 107). -Authorizes $121.5 million of State Building Authority financing for state construction projects (Sec. 108). -Appropriates $183.19 million for the Department of Transportation (Sec. 106). -Appropriates $26.5 million to construct and maintain military facilities (Sec. 104). -Provides for a 1 percent increase in matching funds to institutes of higher education for building projects that score high on federal environmentally friendly building standards (Sec. 408).

NOTE: THIS IS A SUBSTITUTE BILL, MEANING THE LANGUAGE OF THE ORIGINAL BILL HAS BEEN REPLACED. THE DEGREE TO WHICH THE SUBSTITUTE BILL TEXT DIFFERS FROM THE PREVIOUS VERSION OF THE TEXT CAN VARY GREATLY.

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