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2017 Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 284 of 1998 CLEAN MICHIGAN INITIATIVE ACT (324.95101 - 324.95108)
AN ACT to authorize the issuance of general obligation bonds of the state and to pledge the full faith and credit of the state for the payment of principal and interest on the bonds to finance environmental and natural resources protection programs that would clean up and redevelop contaminated sites, protect and improve water quality, prevent pollution, abate lead contamination, reclaim and revitalize community waterfronts, enhance recreational opportunities, and clean up contaminated sediments in lakes, rivers, and streams; to pay for issuing the bonds; to provide for other measures relating to the bonds; and to provide for the submission of the question of the issuance of the bonds to the electors of the state.
History: 1998, Act 284, Imd. Eff. July 27, 1998
- Section 324.95101 Short title.
- Section 324.95102 Bonds; limitation on amount; issuance; full faith and credit; purpose.
- Section 324.95103 Bonds; issuance; conditions and procedures.
- Section 324.95104 Sale of bonds; disposition of proceeds; disbursement; expenditure.
- Section 324.95105 Borrowing and issuance of bonds; submission of question to vote of electors.
- Section 324.95106 Performance of acts by secretary of state.
- Section 324.95107 Approval by vote required.
- Section 324.95108 Payment on outstanding bonds; costs; annual executive budget.
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