Michigan Compiled Laws
451-1994-II-1-SEWAGE-DISPOSAL-AND-WATERWORKS-SYSTEMS-54 - Part 54 (Safe Drinking Water Assistance) (324.5401...324.5419)
Section 324.5415 - Annual Establishment of Interest Rates.

Sec. 5415.
The department shall annually establish the interest rates to be assessed for projects receiving assistance under this part. In establishing interest rates under this section, the department may provide for a different level of subsidy for projects. The interest rates must be in effect for loans made during the next state fiscal year. The interest rates must be in effect for loans made during the next state fiscal year.
History: Add. 1997, Act 26, Imd. Eff. June 17, 1997 ;-- Am. Act 132, Imd. Eff. June 30, 2022 Popular Name: Act 451Popular Name: NREPA

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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-1 - Chapter 1 Point Source Pollution Control (324.3101...324.6539)

451-1994-II-1-SEWAGE-DISPOSAL-AND-WATERWORKS-SYSTEMS - Part Sewage Disposal and Waterworks Systems (324.4101...324.5419)

451-1994-II-1-SEWAGE-DISPOSAL-AND-WATERWORKS-SYSTEMS-54 - Part 54 (Safe Drinking Water Assistance) (324.5401...324.5419)

Section 324.5401 - Definitions; a to C.

Section 324.5402 - Definitions; D to N.

Section 324.5403 - Definitions; P to W.

Section 324.5404 - Water Suppliers; Qualifications for Assistance.

Section 324.5405 - Water Suppliers; Application for Assistance; Planning Document Requirements.

Section 324.5406 - Priority List of Projects Eligible for Assistance; Effective First Day of Fiscal Year.

Section 324.5406a - Scoring Criteria for the Prioritization of Projects; Departmental Duties.

Section 324.5407 - Identification of Projects in Fundable Range.

Section 324.5407a - Segmentation of a Project.

Section 324.5408 - Planning Documents; Environmental Review; Categorical Exclusion; Criteria; Environmental Assessment; Finding of No Significant Impact; Environmental Impact Statement; Record of Decision; Project Reevaluation for Compliance With Nat...

Section 324.5409 - Application for Fund Assistance; Contents; Availability of Revenue Sources; Acceptance of Applications by Department; Liability for Incurred Costs.

Section 324.5410 - Water Suppliers; Responsibility to Obtain Permits or Clearances; Incorporation of Provisions, Conditions, and Mitigative Measures; Review of Documents by Department; Enforcement.

Section 324.5411 - Application for Assistance; Review by Department; Order of Approval; Incorporation of Other Documents; Use of Project Assistance as Matching Requirements; Eligibility Certification.

Section 324.5412 - Bypassed Projects.

Section 324.5413 - Determination to Terminate Assistance; Issuance of Order by Department; Cause; Written Notice to Water Supplier; Repayment of Outstanding Loan Balance Not Affected; Other State and Federal Requirements Not Relieved; Responsibility...

Section 324.5414 - Determination to Terminate Assistance; Petition by Water Supplier; Issuance of Order by Department; Cause; Repayment of Outstanding Loan Balance Not Affected; Other State or Federal Laws Not Relieved; Responsibility for Settlement...

Section 324.5415 - Annual Establishment of Interest Rates.

Section 324.5415a - Project Responsibilities of Water Supplier; Departmental Guidance.

Section 324.5416 - Administration and Implementation Costs; Payment Sources.

Section 324.5417 - Powers of Department.

Section 324.5418 - Appeal; Judicial Review.

Section 324.5419 - Repealed. 2002, Act 451, Eff. Sept. 30, 2003.