Michigan Compiled Laws
451-1994-II-6-196 - Part 196 Clean Michigan Initiative Implementation (324.19601...324.19616)
Section 324.19611 - Balancing Distribution of Grants and Loans; Considerations.

Sec. 19611.
(1) Prior to making a grant or loan with money from the fund, the administering state department shall consider the extent to which the making of the grant or loan contributes to the achievement of a balanced distribution of grants and loans throughout the state.
(2) In determining whether a grant or a loan is appropriate under section 19608(1)(a)(iv), the department shall consider whether the project is likely to be undertaken without state assistance, the availability of state funds from other sources, the degree of private sector participation in the type of project under consideration, and other factors considered important by the department.
History: Add. 1998, Act 288, Eff. Dec. 1, 1998 ;-- Am. 2016, Act 475, Eff. Apr. 5, 2017 Popular Name: Act 451Popular Name: NREPA

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 324 - Natural Resources and Environmental Protection

Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)

Article II - Pollution Control (324.3101...324.21563)

451-1994-II-6 - Chapter 6 Environmental Funding (324.19101...324.19708)

451-1994-II-6-196 - Part 196 Clean Michigan Initiative Implementation (324.19601...324.19616)

Section 324.19601 - Definitions.

Section 324.19602 - Findings and Declaration.

Section 324.19603 - Bonds; Issuance; Refund; Security; Authority of State Treasurer; Bonds Not Subject to Revised Municipal Finance Act; Sale; Issuance Subject to Agency Financing Reporting Act; Interest Rate Agreement.

Section 324.19604 - Bonds as Negotiable and Exempt From Taxation.

Section 324.19605 - Bonds as Securities; Investment of Funds.

Section 324.19606 - Clean Michigan Initiative Bond Fund; Creation; Composition; Establishment of Restricted Subaccounts.

Section 324.19607 - Disposition and Allocation of Fund; Investment; Loan Repayments; Expenditures; Unencumbered Balance Not to Revert to General Fund; Annual Accounting.

Section 324.19608 - Use of Money Allocated Under MCL 324.19607; Purposes; Notice to Public Advisory Council; Payment of Costs; Grant Prohibited; Submission of Annual Project List; Carrying Over Appropriations Until Project Completion; Submission of L...

Section 324.19608a - Clean Michigan Initiative Grant and Revolving Loan Program.

Section 324.19608b - Grants and Loans Under MCL 324.19608(1)(a)(iv); Conditions.

Section 324.19609 - Grant or Loan Application; Form or Format; Funds Under MCL 324.19608(1)(a)(iv).

Section 324.19610 - Funding Provided Under MCL 324.19608(1)(a)(iv); Application; Review; Considerations; Grants for Brownfield Projects.

Section 324.19610a - Funding Provided Under MCL 324.19608(1)(iv); Conditions.

Section 324.19611 - Balancing Distribution of Grants and Loans; Considerations.

Section 324.19612 - Duties of Grant or Loan Recipient; Revoking Grant or Loan; Withholding Payment; Cancellation of Grant or Loan Offer; Termination of Grant or Loan Agreement; Renegotiation of Outstanding Loan Terms; Disposition of Loan Payments and...

Section 324.19613 - Grants and Loans Under MCL 324.19608; Conditions.

Section 324.19614 - Recovery of Costs.

Section 324.19615 - Performance Audit.

Section 324.19616 - Rules.