PRINTER'S NO. 356
No. 353 Session of 1995
INTRODUCED BY BROWN, MIHALICH, SATHER, BUNT, SAYLOR, TULLI,
BAKER, VAN HORNE, ARGALL, TRELLO, COLAFELLA, PESCI, STURLA,
ROBERTS, LAUGHLIN, TRICH, YOUNGBLOOD AND BELFANTI,
JANUARY 26, 1995
REFERRED TO COMMITTEE ON APPROPRIATIONS, JANUARY 26, 1995
AN ACT
1 Amending the act of July 9, 1986 (P.L.1216, No.108), entitled
2 "An act authorizing the Department of Community Affairs to
3 reimburse municipalities containing enterprise zones for a
4 proportion of taxes exempted by the municipalities on
5 improvements to deteriorated property located within
6 enterprise zones under municipal tax exemption programs
7 established pursuant to the Local Economic Revitalization Tax
8 Assistance Act and further providing that the payments so
9 received by municipalities shall be used for community
10 development projects and neighborhood services within the
11 enterprise zones in which taxes are exempted," making an
12 appropriation to create additional enterprise zones.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. The act of July 9, 1986 (P.L.1216, No.108), known
16 as the Enterprise Zone Municipal Tax Exemption Reimbursement
17 Act, is amended by adding a section to read:
18 Section 5.1. Appropriation.
19 The sum of $2,000,000, or as much thereof as may be
20 necessary, is hereby appropriated from the General Fund to the
21 Department of Community Affairs to create additional enterprise
22 zones and to provide the necessary funding to reimburse the
1 eligible municipalities.
2 Section 2. This act shall take effect in 60 days.
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