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MICHIGAN STATUTES AND CODES
Section 324.705 - Reviewing and prioritizing application for grant or loan; report.
Act 451 of 1994
324.705 Reviewing and prioritizing application for grant or loan; report.
Sec. 705.
(1) An application for a grant or loan made under this part shall be reviewed and prioritized by the department each fiscal year.
(2) Not less than 60 days prior to the end of each fiscal year, the department shall report the following information regarding the grants or loans made under this part to the governor and the legislature:
(a) The name and address of each person to whom a grant or loan was issued during the reporting year.
(b) The nature of the project that received a grant or loan during the reporting year.
(c) The amount of money received by each person who received a grant or loan during the reporting year.
(d) The county in which the project is located.
(e) The number of new employment opportunities, if any, that resulted from grants or loans made during the reporting year.
(f) The number of new employment opportunities, if any, that are expected to result from grants or loans that are anticipated in the next reporting year.
History: Add. 1995, Act 60, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA