PRINTER'S NO. 3582
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
2894
Session of
2022
INTRODUCED BY A. DAVIS, PISCIOTTANO, BURGOS, MADDEN, KINSEY,
LONGIETTI, SCHLOSSBERG, GUENST, SANCHEZ, HILL-EVANS, KIM AND
CIRESI, OCTOBER 21, 2022
REFERRED TO COMMITTEE ON COMMERCE, OCTOBER 21, 2022
AN ACT
Amending Title 64 (Public Authorities and Quasi-Public
Corporations) of the Pennsylvania Consolidated Statutes, in
Commonwealth Financing Authority, further providing for
indebtedness.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1543(b)(1) of Title 64 of the
Pennsylvania Consolidated Statutes is amended to read:
ยง 1543. Indebtedness.
* * *
(b) Program limitations.--Indebtedness incurred by the
authority under subsection (a) shall not, in aggregate, exceed
any of the following:
(1) [$300,000,000] $375,000,000 for the program
established in section 1551 (relating to Business in Our
Sites Program).
* * *
Section 2. This act shall take effect in 60 days.
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