State management: funds; funding for businesses with lost revenue due to road construction projects; provide for. Amends 1951 PA 51 (MCL 247.651 - 247.675) by adding sec. 10q.

HB 5524 creates a program to provide financial assistance to Michigan businesses that suffer revenue losses due to unexpected street closures or road construction projects extending beyond their scheduled end dates. The bill establishes a "road construction business loss reimbursement program" that offers grants covering up to $15,000 annually per business, based on a three-year average of lost revenue. To qualify, businesses must demonstrate a significant revenue decline directly tied to construction, and applications must be reviewed within 120 days using criteria like revenue decline rate, construction duration, and traffic disruption severity. The program requires the state transportation department to annually report grant usage details - including approved/rejected applications and project statuses - to relevant legislative committees.