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SB 52

State agencies (proposed): authorities; use of grant funds and issuance of revenue bonds; modify. Amends title & secs. 2, 8, 9, 10, 13, 14, 14a, 16, 18, 20, 23, 24 & 25 of 1978 PA 639 (MCL 120.102 et seq.) & adds sec. 19a.

2025-2026 Regular Session Introduced by Rosemary Bayer and 4 co-sponsors

SB 52 expands Michigan state agencies' authority to use grant funds and issue revenue bonds for financing, streamlining capital access for infrastructure and operations.

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Bill Summary · SB 52

Legislative bill overview

SB 52 modifies Michigan's Public Authority Act of 1978 to expand how state agencies can use grant funds and issue revenue bonds. The bill amends multiple sections of the existing statute to modernize financing mechanisms and grant allocation procedures for state authorities.

Why is this important

These changes affect how state agencies fund infrastructure projects and operations, potentially making it easier or faster for authorities to access capital through bonds and grants. This could impact everything from transportation infrastructure to utility projects, influencing both project timelines and taxpayer financial obligations.

Potential points of contention

  • Revenue bond implications: Expanded authority to issue revenue bonds could increase long-term debt obligations for state authorities without clear legislative oversight of each individual bond issuance
  • Grant fund flexibility: Broader use of grant funds may allow agencies more discretion in spending decisions, raising concerns about accountability and whether funds align with original grant purposes
  • Lack of detailed amendment specifics: The bill's summary doesn't detail which specific sections were changed or how, making it difficult to assess full scope without reviewing the actual statutory language

Compiled from official sources — confirm details with the bill’s official record.

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