September 19, 2017, Introduced by Senator CASPERSON and referred to the Committee on Agriculture.
A bill to amend 2012 PA 411, entitled
"Rural development fund act,"
by amending section 7 (MCL 286.947).
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 7. (1) Money in the fund shall be expended, upon
legislative
appropriation, for all of the
following:
(a) Grants, loans, and loan guarantees to fund projects
identified under subsection (3).
(b) Administrative expenses of the department in implementing
this act.
(c) Not more than $250,000.00 of the revenue received during
each state fiscal year may be transferred to the nonferrous
metallic mineral surveillance fund created in section 63217 of the
natural resources and environmental protection act, 1994 PA 451,
MCL 324.63217.
(2)
The department board shall solicit requests for project
proposals to be funded with money from the fund from individuals,
organizations, businesses, local units of government, federally
recognized tribes, and educational institutions.
(3)
The department, with the advice of the board , shall
determine which projects should be funded with money from the fund,
based on the criteria established by the board under section 6.
However, money from the fund shall not be expended for any of the
following:
(a) Projects that include telecommunication facilities owned
or operated by an educational institution or an affiliate, a local
unit of government, or any other governmental entity.
(b) The construction of telecommunication facilities or
wireless telecommunication facilities in areas where broadband
service of at least 3 mbps downstream and 768 kbps upstream is
available.
(4) Grants from the fund may be used to provide matching funds
for other available grants, as allowed by law.
Enacting section 1. This amendatory act takes effect 90 days
after the date it is enacted into law.