Michigan Senate Approves Road Plan with Gas, Registration Fee Hikes
The Michigan Senate has approved a new plan to fix the state's crumbling roads.
According to WNEM, the plan includes a 20 percent hike in vehicle registration fees and a 7.3 cent gasoline tax increase. The bills would also shift $600 million from the general fund budget to the transportation budget beginning in the 2020-21 fiscal year budget. More lower and middle-class homeowners and renters could also become eligible for a more generous homestead property tax credit under the legislation which narrowly passed 20-18.
The Michigan House could vote on the package later today.