Senate OKs Michigan infrastructure fund; money up in air - WNEM TV 5

Senate OKs Michigan infrastructure fund; money up in air

Posted: Updated:
Source:WNEM Source:WNEM

A bill advancing in Michigan would create a state fund that could be used to pay for underground infrastructure needs across the state in the wake of Flint's water crisis.

The proposed Michigan Infrastructure Fund was approved unanimously by the Senate Wednesday. Lawmakers plan to decide in coming weeks how much money should go into the account.

Gov. Rick Snyder, who supports the fund, has proposed an initial $165 million deposit while a commission works on a statewide infrastructure assessment and recommendations. But his budget director said Tuesday that lower-than-expected tax revenues could mean less money for the fund because of "how big a pot it is."

The bill establishing the fund was sent to the House for consideration.

Copyright 2016 Associated Press. All rights reserved.

Powered by Frankly
Powered by WorldNow CNN
All content © 2018, WNEM; Saginaw, MI. (A Meredith Corporation Station) . All Rights Reserved.
For more information on this site, please read our Privacy Policy, and Terms of Service, and Ad Choices.