PRINTER'S NO. 384
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
466
Session of
2023
INTRODUCED BY BROWN, BARTOLOTTA, PENNYCUICK, SCHWANK, LAUGHLIN,
COSTA, KANE, BAKER, KEARNEY, FONTANA AND STEFANO,
MARCH 1, 2023
REFERRED TO URBAN AFFAIRS AND HOUSING, MARCH 1, 2023
AN ACT
Amending the act of May 19, 1995 (P.L.33, No.3), entitled "An
act limiting environmental liability for economic development
agencies, financiers and fiduciaries," further providing for
definitions.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definition of "economic development agencies"
in section 3 of the act of May 19, 1995 (P.L.33, No.3), known as
the Economic Development Agency, Fiduciary and Lender
Environmental Liability Protection Act, is amended to read:
Section 3. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
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"Economic development [agencies] agency." The term includes:
(1) Any redevelopment authority created under the act of
May 24, 1945 (P.L.991, No.385), known as the Urban
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Redevelopment Law, and any nonprofit corporation created and
controlled by a redevelopment authority to carry out its
statutory purpose.
(2) Any industrial development agency as that term is
defined in the act of May 17, 1956 (1955 P.L.1609, No.537),
known as the Pennsylvania Industrial Development Authority
Act.
(3) Any industrial and commercial development authority
created under the act of August 23, 1967 (P.L.251, No.102),
known as the Economic Development Financing Law.
(4) Any area loan organization as that term is defined
in [the act of July 2, 1984 (P.L.545, No.109), known as the
Capital Loan Fund Act] section 2301 of the act of June 29,
1996 (P.L.434, No.67), known as the Job Enhancement Act.
(5) Any other Commonwealth or municipal authority which
acquires title or an interest in property.
(6) [Municipalities] Any municipality or municipal
industrial development or community development [departments]
department organized by ordinance under a home rule charter
which [buy] buys and [sell] sells land for community
development purposes.
(7) [Tourist] Any tourist promotion [agencies] agency or
[their] its local community-based nonprofit sponsor which
[engage] engages in the acquisition of former industrial
sites as part of an "Industrial Heritage" or similar program.
(8) [Conservancies] Any conservancy engaged in the
renewal or reclamation of an industrial site.
(9) Any land bank established under 68 Pa.C.S. Ch. 21
(relating to land banks).
* * *
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Section 2. This act shall take effect in 60 days.
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