PRIOR PRINTER'S NO. 371 PRINTER'S NO. 1690
No. 327 Session of 1983
INTRODUCED BY OLIVER, CARN, DEAL, FATTAH, TRUMAN, LINTON AND
EVANS, MARCH 1, 1983
AS REPORTED FROM COMMITTEE ON STATE GOVERNMENT, HOUSE OF
REPRESENTATIVES, AS AMENDED, SEPTEMBER 19, 1983
AN ACT
1 Amending the act of July 22, 1974 (P.L.598, No.206), entitled
2 "An act creating the Pennsylvania Minority Business
3 Development Authority as a governmental instrumentality and
4 as a body corporate and politic; prescribing the rights,
5 powers and duties of such authority; authorizing such
6 authority to acquire by gift or purchase; to make loans,
7 guarantees or other financial accommodations to minority
8 business enterprises, to borrow money and issue bonds
9 therefor, providing for the payment of such bonds and giving
10 security therefor, prescribing the rights of the holders of
11 such bonds; providing that no debt of the Commonwealth shall
12 be incurred in the exercise of any powers granted by this
13 act; exempting the property and securities of such authority
14 from taxation; authorizing the authority to enter into
15 contracts with and to accept grants from the Federal
16 Government or any agency thereof; providing for the
17 examination of the accounts and affairs of the authority; and
18 making an appropriation," authorizing proxies of legislative
19 and cabinet members to vote on certain matters before the
20 board of directors.
21 The General Assembly of the Commonwealth of Pennsylvania
22 hereby enacts as follows:
23 Section 1. Section 4 of the act of July 22, 1974 (P.L.598,
24 No.206), known as the Pennsylvania Minority Business Development
25 Authority Act, is amended by adding a subsection to read:
26 Section 4. Pennsylvania Minority Business Development
1 Authority.--* * *
2 (g) Proxies WRITTEN PROXIES of both legislative and cabinet <--
3 members shall have the authority to vote BE VOTED in place of <--
4 the absent member on all official matters of business coming
5 before the board. THE WRITTEN PROXIES SHALL NOT BE USED TO <--
6 CONSTITUTE A QUORUM. THE WRITTEN PROXY SHALL LIST THE MEMBERS'
7 VOTES ON EACH MATTER SCHEDULED FOR THE MEETING.
8 Section 2. This act shall take effect in 60 days.
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