S0797B0970A03241 PWK:EJH 12/14/21 #90 A03241
AMENDMENTS TO SENATE BILL NO. 797
Sponsor: SENATOR FONTANA
Printer's No. 970
Amend Bill, page 3, lines 10 through 12, by striking out all
of said lines and inserting
Section 2. Section 5(b), (c)(1) and (3)(vii), (d), (f)(2)
and (g)(1) and (3) are amended and the section is amended by
adding a subsection to read:
Amend Bill, page 6, by inserting between lines 7 and 8
(h) Deposit of revenue.--For a neighborhood improvement
district created in a municipality that is a county of the
second class, or a home rule municipality that was formerly a
county of the second class, the municipal corporation shall
include in the enabling ordinance a requirement that a
percentage of the gross revenues generated by the neighborhood
improvement district be transferred to a restricted receipts
account of an authority created under Article XXV-A of the act
of July 28, 1953 (P.L.723, No.230), known as the Second Class
County Code, to be used by the authority exclusively for the
purpose of maintaining facilities that the authority owns. This
subsection shall apply to a neighborhood improvement district
implemented by a county of the second class, or a home rule
municipality that was formerly the county of the second class,
where the benefited properties are in large part hotels, as that
term is defined under section 1770.12(h) of the act of August 9,
1955 (P.L.323, No.130), known as The County Code.
Section 3. Section 7(a)(8)(i) of the act is amended to read:
Amend Bill, page 7, line 5, by striking out "3" and inserting
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