PRINTER'S NO. 3568
No. 2708 Session of 1992
INTRODUCED BY LLOYD, SCRIMENTI, COLAIZZO, PISTELLA, HERMAN, BATTISTO, PESCI, COY, DALEY, KOSINSKI, D. R. WRIGHT, STEIGHNER, JAROLIN, KREBS, CALTAGIRONE, MELIO, WOZNIAK, STABACK, LAUGHLIN, STETLER, BELFANTI, BUNT, TANGRETTI, McCALL, FAJT, McNALLY, STEELMAN, MICOZZIE, PRESTON, JOSEPHS, HANNA, VAN HORNE, BOWLEY, SURRA, CESSAR, CIVERA AND CAPPABIANCA, MAY 12, 1992
REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 12, 1992
AN ACT 1 Amending the act of July 2, 1984 (P.L.520, No.105), entitled "An 2 act establishing a business infrastructure development 3 program for making grants and loans for infrastructure 4 necessary to complement industrial or commercial investment 5 by private companies; prescribing requirements of and 6 conditions for grants and loans; and making an 7 appropriation," further providing for nonmanufacturing 8 enterprises. 9 The General Assembly of the Commonwealth of Pennsylvania 10 hereby enacts as follows: 11 Section 1. The definition of "private company" in section 2 12 of the act of July 2, 1984 (P.L.520, No.105), known as the 13 Business Infrastructure Development Act, amended July 9, 1986 14 (P.L.1201, No.105), is amended to read: 15 Section 2. Definitions. 16 The following words and phrases when used in this act shall 17 have the meanings given to them in this section unless the 18 context clearly indicates otherwise:
1 * * * 2 "Private company." Any agricultural, industrial, 3 manufacturing [or], research and development or nonmanufacturing 4 enterprise or enterprises, as defined in section 3 of the act of 5 May 17, 1956 (1955 P.L.1609, No.537), known as the Pennsylvania 6 Industrial Development Authority Act. 7 * * * 8 Section 2. This act shall take effect in 60 days. D21L12JLW/19920H2708B3568 - 2 -