Informing the Legislature that on May 28, 2024, the Governor signed the following bill into law: SB1099 SD1 HD2 CD1 (ACT 030).

This bill, signed into law on May 28, 2024, directs counties with populations of 500,000 or fewer to use revenue from state tax surcharges for specific public needs. The funds must be allocated toward public transportation systems like buses and roads, compliance with the Americans with Disabilities Act, and housing infrastructure costs, provided that housing funds are not passed on to developers. For larger counties exceeding 500,000 residents, the definition of allowable capital costs for transit projects is expanded to include certain non-recurring service and overhead expenses. The changes to these rules take effect on July 1, 2024.