PRINTER'S NO. 141
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No.
167
Session of
2019
INTRODUCED BY DONATUCCI, MURT, LONGIETTI, SOLOMON, ISAACSON,
YOUNGBLOOD, KINSEY, SCHLOSSBERG, CALTAGIRONE, ULLMAN,
READSHAW, DAVIDSON, HARKINS, FREEMAN, WARREN, HILL-EVANS,
CIRESI, MARKOSEK AND DAWKINS, JANUARY 28, 2019
REFERRED TO COMMITTEE ON COMMERCE, JANUARY 28, 2019
AN ACT
Amending the act of July 2, 1984 (P.L.555, No.111), entitled "An
act creating a small business incubator program; providing
for grants, loans and loan guarantees to small business
incubators; specifying the conditions of and requirements for
grants and loans; providing for seed grants; and making
appropriations," further providing for definitions, for
creation of program, for incubator grants, loans and loan
guarantees, for responsibilities of local sponsors, for
challenge grants for seed capital funds, for general powers
and duties of the board and for indicators of program impact;
providing for funding sources; further providing for time
limit on approvals; and making a related repeal.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. The definitions of "local sponsor" or "sponsor"
and "seed capital fund" in section 2 of the act of July 2, 1984
(P.L.555, No.111), known as the Small Business Incubators Act,
are amended and the section is amended by adding a definition to
read:
Section 2. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
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