In less than 10 weeks from today the voters of Michigan will be asked to vote on the ballot question titled Proposal 1, or as it is commonly being called the “road fix bill”. Here are the main elements of Proposal 1:
- An increase in transportation revenue of $1.3 billion, with $1.2 billion a year going to roads and about $112 million going to mass-transit.
- Removal of the sales tax from fuel sales.
- An increase in wholesale fuel taxes that will result in about a 3-cent-a-gallon increase from the average fuel price.
- An increase of $45 million in vehicle registration fees and $50 million in fees for heavy trucks.