Michigan Laws 286.947 – Expenditures; requests for project proposals; determinations; prohibited expenditures; matching funds
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Terms Used In Michigan Laws 286.947
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Board: means the rural development fund board established in section 3. See Michigan Laws 286.942
- Department: means the department of agriculture and rural development. See Michigan Laws 286.942
- Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
- Fund: means the rural development fund created in section 5. See Michigan Laws 286.942
- Local unit of government: means a county, city, township, village, school district, or any authority composed of counties, cities, townships, villages, or school districts, or any combination of these entities. See Michigan Laws 286.942
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Telecommunication facilities: means either or both of the following:
(i) Telecommunication facilities as defined in section 2 of the metropolitan extension telecommunications rights-of-way oversight act, 2002 PA 48, MCL 484. See Michigan Laws 286.942
(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 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.