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Saturday, September 21, 2024

Bellino sponsors bridge funding bill in economic development package

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State Senator Joseph N. Bellino Jr. | Michigan House Republicans

State Senator Joseph N. Bellino Jr. | Michigan House Republicans

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LANSING, Mich. — Sen. Joseph Bellino has sponsored two bills to redirect $500 million in corporate handouts to a fund that supports bridge improvements as part of the Senate Republicans’ “Grow MI State” economic development package announced Wednesday.

"Rather than continuing the unfair and ineffective policy of handing out billions of taxpayer dollars to huge corporations, we should be using that money to support struggling families and improve our local infrastructure," said Bellino, R- Monroe.

"My bills would take funding from the SOAR corporate slush fund and invest it directly into fixing our local bridges, which will help make our communities safer and more attractive to new development and talent," said Bellino, R- Monroe.

Senate Bills 852 and 853 would cut the current earmark in the Income Tax Act that sends $500 million of business taxes to the SOAR Fund and redirect those funds to a bridge fund to be used to repair local and state bridges.

"I support a comprehensive economic strategy that boosts our entire economy by making our state more business-friendly with less bureaucratic red tape instead of picking winners and losers and growing the size of government," said Bellino.

Bellino said his bills are part of a bigger plan to improve Michigan’s economy. The Senate Republicans’ “Grow MI State” plan includes legislation to: Subscribe to my email list and stay informed about your state government. Follow me Senator Joseph Bellino P.O. Box 30036 Lansing, MI 48909-7536

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