PUBLIC TRANSPORTATION AUTHORITY ACT:

ALLOW TAXES TO BE LEVIED FOR UP TO 25 YEARS

House Bill 4993

Sponsor:  Rep. Jerry Kooiman

Committee:  Transportation

Complete to 10-18-05

A REVISED SUMMARY OF HOUSE BILL 4993 AS INTRODUCED 6-23-05

House Bill 4993 would amend Section 18 of the Public Transportation Authority Act (Public Act 196 of 1986) to allow transportation authorities organized under the act to levy taxes for a period of up to 25 years if the authority is seeking the levy for public transit services that include a fixed guideway project authorized under 49 USC 5309.  Under current law authorities organized under the act may only levy taxes for a period up to five years.

Section 5309 of 49 USC is a federal grant program for transit capital grants administered by the Federal Transit Administration.  Examples of fixed guideway projects include commuter light rail, monorail systems, and bus rapid transit.

MCL 124.468

FISCAL IMPACT:

The bill would have no impact on state or local costs or revenues.

                                                                                                  Fiscal Analyst:   William Hamilton

■ This analysis was prepared by nonpartisan House staff for use by House members in their deliberations, and does not constitute an official statement of legislative intent.