Act 381 definition

Act 381 means Act 381 of Michigan Public Acts of 1996, as amended.
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Act 381 means the Brownfield Redevelopment Financing Act, 1996 PA 381, as amended.
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Act 381 means Act 381, Public Acts of Michigan 1996.
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Examples of Act 381 in a sentence

  • The taking, transfer, and use shall be considered necessary for public purposes and for the benefit of the public.History: 1996, Act 381, Eff.

  • This act shall be known and may be cited as the “brownfield redevelopment financing act”.History: 1996, Act 381, Eff.

  • This act shall be known and may be cited as the "brownfield redevelopment financing act".History: 1996, Act 381, Eff.

  • In no event shall the duration of the Plan exceed 35 years following the date of the resolution approving the Plan, nor shall the duration of the tax capture exceed the lesser of the period authorized under subsection (4) and (5) of Section 13 of Act 381 or 30 years.

  • The applicable sections of Act 381 are noted throughout the Plan for reference purposes.

  • Environmental Activities would include activities beyond what may be supported by the Michigan Department of Environment, Great Lakes and Energy (EGLE) under an approved Brownfield Plan and Act 381 Work Plan to protect human health and the environment, off-set cost-prohibitive environmental costs and insurance needs, etc.

  • Act 381 includes provisions for Due Care Investigation Activities to be conducted prior to the approval of a Brownfield Plan for local tax capture (Section 13b.(9)(b)) and for State tax capture without EGLE approval (Section 13b.(8)(a,c)), as long as included in a subsequent Brownfield Plan.

  • This Plan is intended to be a living document, which may be modified or amended in accordance with the requirements of Act 381, as necessary to achieve the purposes of Act381.

  • No costs of eligible activities will be qualified for reimbursement except to the extent permitted in accordance with the terms and conditions of the Reimbursement Agreement and Section 2 of Act 381 of 1996, as amended (MCL 125.2652).

  • These costs are allocated between EGLE Environmental Eligible Activities and MSF Non-Environmental Eligible Activities.Brownfield Plan and Work Plan Implementation: The implementation of the Brownfield Plan and Act 381 Work Plans are included as Eligible Activities.


More Definitions of Act 381

Act 381 means the Brownfield Redevelopment Financing Act (“BRA”), Act 381 of Michigan Public Acts of 1996, as amended, MCL 125.2651 et seq.
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Act 381 means the Xxxxxxxxxx Redevelopment Financing Act (“BRA”), Act 381 of Michigan Public Acts of 1996, as amended, MCL 125.2651 et seq.
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Related to Act 381

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  • Department of Health and Human Services means the Department of Health and Human Services

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