New Road Repair Deal Leaves School Funding Intact
According to multiple news sources, a new road funding deal has been reached in Lansing that will NOT divert money away from schools and communities.
According to Senate Majority Leader Randy Richardville, the odds of finalizing the deal are 92-percent likely. VIA MLive:
“Legislative leaders from both chambers are briefing members, a conference committee is ready to reconvene when necessary and floor voting could take place this afternoon. A proposed constitutional amendment would require a two-thirds majority in each chamber.” Read more
More details will be known soon.
|Details of the Road Funding Deal:|
|Michigan voters will be asked to approve a constitutional amendment raising the state’s 6-percent sales tax to 7-percent|
|Plan would exempt fuel purchases from the sales tax if the ballot proposal was approved next year.|
|Democrats have fought for full restoration of the Earned Income Tax Credit, along with a guarantee to ensure that School Aid Fund money cannot be used to supplement higher eduction budgets.|