Michigan Aggregates Association

Senate Approves Money from Transportation Funding Lockbox

The Senate Appropriations Committee passed Senate Concurrent Resolution 19 (SCR 19) on Wednesday of this week.

SCR 19 will release $100 million in transportation funding that has been held in the “Roads Innovation Fund” which is a lockbox-type account as required by the road funding package which passed in 2015.

Recall that the Fund was created to hold back new dollars to ensure that the Michigan Department of Transportation conducted specific demonstration projects – one concrete; one asphalt – in an effort to find new ways of building longer lasting roads.

SCR 19 passed the committee unanimously and we expect it to be finalized sometime in early October.