LANSING REGIONAL CHAMBER OF COMMERCE COMMENDS LEGISLATURE FOR PASSING ROAD FUNDING PLAN
Thursday, November 5, 2015
LANSING REGIONAL CHAMBER OF COMMERCE COMMENDS
LEGISLATURE FOR PASSING ROAD FUNDING PLAN
Strong Business Community Support for Common Sense Solution
Lansing, MI—The Lansing Regional Chamber of Commerce (LRCC) has praised the road funding proposal approved by the state legislature as a plan that provides a common sense, long-term road funding solution that is right for Michigan.
“Our residents and businesses have waited long enough and we commend the Legislature for taking bold action on a plan that will fix our roads and infrastructure,” said Tim Daman, President & CEO of the Lansing Regional Chamber of Commerce (LRCC). “This is the first step in providing the right pieces that need to be in place to fix our roads and infrastructure for the future.”
“The taxpayers and business community in Michigan have been clear that fixing Michigan’s roads is their top priority and they expect lawmakers to demonstrate leadership and address the issue,” said Steve Japinga, LRCC director of government relations. “The state legislature deserves credit for stepping up to the plate and passing a workable plan.”
The plan provides $1.2 billion in additional funding through $600 million in existing state revenues and an additional $600 million garnered from new revenues, specifically transportation-related user fees and fuel taxes. Additionally, the plan includes consumer tax relief through the Homestead Property Tax Credit as well as an income tax rollback starting in 2023, if the general fund grows faster than inflation.
The package will now go to the Governor to be signed into law.
“We applaud the Legislature for sticking to the plan and getting this done,” said Japinga, “We couldn’t afford any more delays. We need road relief now and this plan provides just that.”
Last week, LRCC joined seven other chambers, including the Grand Rapids Area Chamber of Commerce and the Traverse City Area Chamber of Commerce calling the Legislature and Governor to support a 600/600 plan that will ensure $1.2 billion in ongoing additional funding dedicated to transportation.
“I am proud of the leadership that the Lansing Regional Chamber Board of directors has consistently taken in advocating for solutions to the road funding issue in Michigan,” said Daman. “Sometimes leadership requires taking tough positions that aren’t universally popular. This is a case where that willingness to get out front on an important issue will benefit the entire Greater Lansing region and the state of Michigan.”
The mission of the Lansing Regional Chamber of Commerce (LRCC) is to be the preeminent business advocacy organization in the Greater Lansing region by collaborating for economic growth, creating new opportunities for our members and upholding pro-business ideals through the advancement of sound public policy. More information about LRCC and its programs and services can be found on any of its social media platforms, including www.lansingchamber.org, Facebook, Twitter (@Lansing Chamber), Linked In and You Tube.