Fund.
* * *
(d.1) Community and economic development.--
(1) Notwithstanding subsection (b) or any other
provision of law to the contrary, the money authorized but
not expended under former subsection (d)(7) as of the
effective date of this subsection shall be deposited into a
restricted receipts account to be established in the
Commonwealth Financing Authority exclusively for eligible
applications [submitted by the redevelopment authority of a
county of the second class created pursuant to the act of May
24, 1945 (P.L.991, No.385), known as the Urban Redevelopment
Law,] to the Commonwealth Financing Authority for economic
development, infrastructure development, job training,
community improvement, public safety or other projects in the
public interest located in a county of the second class.
Community development corporations, political subdivisions,
urban redevelopment authorities, municipal authorities, for-
profit entities and nonprofit entities located in a county of
the second class shall be eligible to receive funds made
available under this paragraph.
* * *
(d.2) Project extension.--Notwithstanding any provision of
this title or the act of July 25, 2007 (P.L.342, No.53), known
as the Pennsylvania Gaming Economic Development and Tourism Fund
Capital Budget Itemization Act of 2007, the projects under
subsections (d)(4) and (5) and (d.1) shall be authorized beyond
the expiration date of each of the projects set forth in the
Pennsylvania Gaming Economic Development and Tourism Fund
Capital Budget Itemization Act of 2007. The following shall
apply:
(1) Annual allocations for projects under subsection (d)
(4) and (5), and under the former subsection (d)(7) [as of
the effective date of subsection (d.1)] after December 31,
2017, shall continue in accordance with the amounts set forth
in section 4 of the Pennsylvania Gaming Economic Development
and Tourism Fund Capital Budget Itemization Act of 2007[.],
which authorized:
(i) annual allocations of not less than $3,700,000
for projects under former subsection (d)(7);
(ii) $7,400,000 for projects in fiscal year 2018-
2019 under subsection (d)(5); and
(iii) annual allocations of not less than $6,600,000
for projects in fiscal years beginning after June 30,
2019, under subsection (d)(5).
(2) Annual allocations under subsection (d)(5) after
December 31, 2017, shall be deposited into the restricted
receipts account established under subsection (d.1) and used
for projects as set forth in subsection (d.1)(1).
* * *
CHAPTER 7
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