PRINTER'S NO. 3255

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 2508 Session of 1992


        INTRODUCED BY PESCI, COLAIZZO, HERMAN, FARGO, COY, VROON, TIGUE,
           CARLSON, COWELL, KREBS, STABACK, M. N. WRIGHT, D. W. SNYDER,
           BELFANTI, SCRIMENTI, HALUSKA, FLEAGLE, BILLOW, NOYE,
           MIHALICH, CAPPABIANCA, LLOYD, STURLA, BUSH, McNALLY,
           BATTISTO, D. R. WRIGHT, STETLER, TRELLO AND F. TAYLOR,
           MARCH 17, 1992

        REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 17, 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 the expiration of the
     8     act.

     9     The General Assembly of the Commonwealth of Pennsylvania
    10  hereby enacts as follows:
    11     Section 1.  Section 12 of the act of July 2, 1984 (P.L.520,
    12  No.105), known as the Business Infrastructure Development Act,
    13  amended July 10, 1989 (P.L.285, No.48), is amended to read:
    14  Section 12.  Termination.
    15     No assistance shall be approved pursuant to this act after
    16  June 30, [1992] 1995.
    17     Section 2.  This act shall be retroactive to June 30, 1992,
    18  if enacted after June 30, 1992.
    19     Section 3.  This act shall take effect immediately.
    B21L12RZ/19920H2508B3255