HOUSE BILL No. 6616

 

November 14, 2006, Introduced by Rep. Kolb and referred to the Committee on Commerce.

 

     A bill to amend 1984 PA 270, entitled

 

"Michigan strategic fund act,"

 

(MCL 125.2001 to 125.2094) by adding section 79.

 

THE PEOPLE OF THE STATE OF MICHIGAN ENACT:

 

     Sec. 79. (1) The fund shall establish and operate a center for

 

recycling development.

 

     (2) The center for recycling development, along with the

 

Michigan economic development corporation, shall provide loans,

 

grants, and other incentives and support for recycling development

 

in this state.

 

     (3) As used in this section, "recycling development" means any

 

aid or enhancement to the recycling of products collected from

 

residents or businesses that are reused as a raw material to make


 

new products, including, but not limited to, 1 or more of the

 

following:

 

     (a) Information on recyclable markets and future trends.

 

     (b) Increasing recyclable volumes locally or statewide.

 

     (c) Development of new markets and partnerships.

 

     (d) Increased processing and manufacturing capacity for

 

recyclables.

 

     (e) Enhanced transportation systems.