Section 324.14504. Eligible pollution prevention project.

(1) An eligible pollution prevention project shall directly result in the reduction or elimination of environmental waste generated, energy used or water, or hazards to public health associated with environmental waste at the small business and shall be 1 or more of the following:

(a)  ) A pollution prevention recommendation made in a RETAP audit.

(b)      A  pollution  prevention  expenditure  at  the  small   business,  including   an expenditure for any of the following:

(i)   Equipment or technology modifications.

(ii)   Process or procedure modifications.

(iii)   Reformulation, reclamation, or redesign of products.

(iv)   Substitution of raw materials.

(v)   Improvements in housekeeping, maintenance, or inventory control.

(vi)   Pollution prevention training of employees.

(vii)   On-site energy conservation studies or specifications.

(viii)   On-site energy efficiency projects.

(ix)   On-site water conservation projects.

(x)   Qualified agricultural energy production systems.

(2) The following projects or expenditures are not eligible pollution prevention projects:

(a)  ) Costs incurred before the effective date of the loan agreement.

(b)   Refinancing pre-existing obligations or debt.

(c)   Financing building or construction costs that are not integral to the project.

(d)   Financing salaries, wages, benefits, travel, or operating costs other than those listed in subrule (1)(b) of this rule of the applicant business.

(e)   Taxes, attorney fees, permits or licenses, or land acquisition.

(f)  ) Projects or expenditures designed to increase process output or production.

History: 1998-2000 AACS; 2013 AACS.