CHICAGO — Michigan legislators will introduce as soon as Wednesday a 13-bill package that aims to rebuild the state’s ailing transportation infrastructure by raising $1.4 billion of new revenue annually.

Among other measures, the package would raise the state’s gas tax and motor registration fees, allow local governments to also raise taxes and fees, and revise the current transportation funding formula in a few crucial ways.

Subscribe Now

Independent and authoritative analysis and perspective for the bond buying industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.