Michigan Report for Wednesday, May 6, 2015 Senate Report
House Report

Cotter Looks To Existing Revenue For Roads Solution

Re-evaluation of certain tax credits, most notably housing credits, as well as a review of some $20 billion in restricted revenue, are among the key pieces of House Speaker Kevin Cotter's plan for road funding after voters on Tuesday soundly rejected a ballot proposal aimed at raising new revenue for roads.

"We have roughly $20 billion of annual state spending that is restricted spending, and if you go back to the House action plan, one of the things we listed then was let's have a complete re-evaluation of all restricted spending," Mr. Cotter (R-Mount Pleasant) said of the loose details of his road funding plan he presented to reporters Wednesday morning. "Restricted spending means it's statutorily protected, but we are the body that can re-prioritize that type of spending, and that's what we'll be looking to do."

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