Introduced by Sen. Aric Nesbitt (R) on April 21, 2021
To prohibit a governor from adding to the state’s long term debt by borrowing money for road repairs (“bonding”) without consent from two-thirds of the House and Senate. The bill comes after the legislature refused to enact a 45 cent per gallon gas tax proposed by Gov. Gretchen Whitmer, who in response committed taxpayers to repaying $800 million in new road debt in 2020, and eventually up to $3.5 billion. Money to service these debts comes out of future gas taxes and other transportation tax revenue. Official Text and Analysis.
Referred to the Senate Transportation and Infrastructure Committee on April 21, 2021