Sec. 18a.
Subject to the provisions and the limitations set forth in this act, money in the Michigan transportation fund, distributed as provided in this act, may be expended for the payment of the principal and interest on notes and bonds issued or other indebtedness incurred by a governmental unit for transportation purposes as defined by law. Except as otherwise provided by law, the notes or bonds shall be payable solely from the proceeds of taxes restricted to use for the purposes described in section 9 of article 9 of the state constitution of 1963, which are deposited in the state treasury to the credit of the Michigan transportation fund and are distributed pursuant to this act. The notes and bonds shall not be general obligations of this state, which shall be specifically stated on the face of each note or bond sold.
History: Add. 1957, Act 262, Eff. July 1, 1957 ;-- Am. 1978, Act 444, Imd. Eff. Oct. 10, 1978 Popular Name: McNitt ActPopular Name: Michigan Transportation Fund Act
Structure Michigan Compiled Laws
Act 51 of 1951 - State Trunk Line Highway System (247.651 - 247.675)
Section 247.651c - Cost of Opening, Widening, and Improving State Trunk Line Highways.
Section 247.651f - State Trunk Lines; Cancellation of Municipal Obligations; Assumption by State.
Section 247.651g - Pavement Management System.
Section 247.651i - Demonstration Projects.
Section 247.653 - Tentative System of County Primary Roads; Roads Included or Deleted.
Section 247.655a - Seasonal County Road System.
Section 247.656 - Tentative System of Streets; Selection and Certification; Approval.
Section 247.657 - Tentative System of Streets; Included or Deleted.
Section 247.658 - Tentative System of Streets; Streets Not Included, Certification and Approval.
Section 247.659 - Tentative System of Streets; Official Name; Establishment and Certification.
Section 247.659d - "Port Facility" Definition.
Section 247.660b - Comprehensive Transportation Fund.
Section 247.660c - Definitions.
Section 247.660d - Comprehensive Transportation Fund; Distribution.
Section 247.660f - Repealed. 1982, Act 438, Eff. Jan. 1, 1983.
Section 247.660i - Repealed. 1978, Act 444, Imd. Eff. Oct. 10, 1978.
Section 247.660n - Comprehensive Transportation Fund; Distribution of Funds; Notes.
Section 247.660s - Maritime and Port Facility Assistance Office; Responsibilities and Duties.
Section 247.661a - Use of Agricultural Additives Pilot Program; Report to Legislature.
Section 247.661b - Repealed. 2004, Act 384, Imd. Eff. Oct. 12, 2004.
Section 247.661d - Report to Legislature on Changes in Department's Accounting System.
Section 247.661h - Local Agency Wetland Mitigation Board Fund; Advisory Board; Duties.
Section 247.662a - Snow Removal; Distribution of Amount Returned to County Road Commission.
Section 247.662b - County Urban System; Distribution of Amounts Returned; Urban Area Boundaries.
Section 247.664a - Expenditures to Pay Cost of Drain Assessments; Rules.
Section 247.665a - Intergovernmental Highway Corridor Planning Preservation Committees.
Section 247.665b - Mowing Right-of-Way of Public Road.
Section 247.666 - Forfeiture of Funds.
Section 247.667 - Certifications Required; Warrants; Checks; Mandamus; Report.
Section 247.667a - Office of Audit; Creation; Head; Duties, Functions, and Responsibilities.
Section 247.668 - Repealed. 1957, Act 262, Eff. July 1, 1957.
Section 247.668b - State Transportation Commission; Bonds and Notes.
Section 247.668c - Counties; Bonds.
Section 247.668f - Approval of Construction; Sale Price of Bonds.
Section 247.668g - Bonds; Protection of Outstanding Bonds.
Section 247.668h - Bonds; Negotiability; Payment, Exemption From Taxation.
Section 247.668i - Cumulative Authority of Act.
Section 247.668k - List of Projects for Which Notes or Bonds to Be Issued.
Section 247.668l - Borrowing Money and Issuing Notes or Bonds in Anticipation of Federal Funds.
Section 247.668m - Borrowing From a State Infrastructure Bank Program.
Section 247.669 - Roads, Streets, and Alleys Taken Over as County Roads.
Section 247.670a - Contract for Preservation of County Local Road System Within Township.
Section 247.672 - Effective Date of Act.
Section 247.673 - Effective Upon Passage of Certain Act.
Section 247.674 - Refunding Bonds or Advance Refunding Bonds.