Bill Information

An Act amending Titles 12 (Commerce and Trade) and 72 (Taxation and Fiscal Affairs) of the Pennsylvania Consolidated Statutes, codifying portions of the Economic Development Financing Law and further providing for contract requirements and for Commonwealth obligations; codifying portions of the Job Enhancement Act and further providing for contract requirements, for guidelines, for administration and for application and review requirements; codifying portions of the Keystone Opportunity Zone and Keystone Opportunity Expansion Zone Act and further providing for keystone opportunity expansion subzones and for keystone opportunity improvement zones; providing for the Project Review Committee, for Keystone Innovation Zones, for the Economic Enhancement Program, for the Economic Enhancement Financing Program, for the Core Industries Infrastructure Capitalization Program, for the Water and Wastewater Infrastructure Capitalization Program, for the First Industries Program, for the Secondary Growth Stage Financing Program, for primary growth stage investment providing for the Economic Enhancement Fund; codifying the Capital Facilities Debt Enabling Act; further providing for definitions, for procedures for capital budget and debt authorizing legislation, for bonds, for appropriations for and limitations on redevelopment assistance and site development capital projects, and for funding and administration of redevelopment assistance capital projects; providing for funding and administration of site development capital projects and for the Capital Project Oversight and Review Committee; continuing debt authorization; making repeals; requiring a referendum; and making appropriations.