08.04.09
More Burden on Michigan Economy
Received in a Michigan lawyer listserve email from a respected attorney out of Detroit:
[T]he DEQ is pushing forward with a new legislative initiative to do away with the BEA, possibly to require every property owner in the state to investigate their own property and report on same to the DEQ and to ramp up so called “due care” possibly to require remedial work at levels (and costs) that previously were unheard of. They are also talking about modifying their closure process but, there too, there is concern that there may be less finality and certainty than there is now.
I know many business owners, lenders and developers are looking at this initiative which MDEQ has been releasing in bits and pieces for some months with great consternation and concern about the chilling effect it would have on business in Michigan at a time when the State can ill afford it.
I would be happy to speak to anyone interested in getting information about this legislative initiative (which is far more than merely rewriting policies). The one bit of good news is that there is still an opportunity to turn this Titanic before it hits the iceberg.
