Transportation: funds; funding formula; modify. Amends sec. 11c of 1951 PA 51 (MCL 247.661c).

SB 150 modifies Michigan's requirement for competitive bidding on road construction projects. It raises the cost threshold for cities/villages with over 500,000 residents from $100,000 to $100,000 (no change for them) and increases the threshold for other local road agencies from $100,000 to $250,000 per project, while adding an annual $800,000 total spending cap per agency. Projects like traffic signal upgrades and road resurfacing remain exempt from bidding rules. This change reduces the number of projects requiring public bidding for smaller local governments handling road work.