MI HB6360

Requires property owners and operators at hazardous substance facilities to prevent exacerbation, exercise due care in response activities, take reasonable precautions against third-party acts, cooperate with authorized response personnel, and comply with land use restrictions established during remediation.

Exempts the state, local units of government acquired before June 5, 1995, and certain liability-exempt parties from owner/operator obligations, except when state or local governments open facilities to the public for express purposes like parks or municipal buildings.

Establishes a revitalization revolving loan program administered by the department to provide loans to counties, cities, townships, villages, and brownfield authorities for eligible activities including evaluation, demolition, and interim response activities at contaminated properties.

Sets loan terms at no more than 50% of the prime rate with repayment in equal annual installments beginning no later than 5 years after first draw and concluding no later than 15 years after first draw; allows renegotiation upon showing of financial hardship.

Requires loan recipients to submit progress reports every 6 months and final reports within 3 months of project completion; allows the department to terminate loans and require immediate repayment if funds are used for non-approved activities and to withhold state payments upon default.