An Act amending the act of February 9, 1999 (P.L.1, No.1), known as the Capital Facilities Debt Enabling Act, in capital facilities, further providing for administration of redevelopment assistance capital projects.
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Progress
Where this bill stands in the legislative process.
- Introduced
- Passed Senate
- Passed House
- To Governor
- Became Law
Overview
This bill modifies the Capital Facilities Debt Enabling Act to clarify how redevelopment assistance capital projects are administered. Specifically, it outlines a process for applicants to notify the Secretary of Commonwealth if a project is incomplete and the approved funding cannot be used as originally planned. The Secretary is then restricted from reallocating that unspent grant money to a different county, ensuring funds remain within their initial designated area.
Key provisions
- Applicants must notify the Secretary if a redevelopment assistance capital project cannot be completed.
- The Secretary cannot reallocate unspent grant money to a different county.
- The amendment clarifies the Secretary’s authority regarding project funding.
- It focuses on the administration of redevelopment assistance capital projects.
- It references Section 318 of the Capital Facilities Debt Enabling Act.
Who is affected
- State government agencies
- Applicants for redevelopment assistance capital projects
- Counties receiving redevelopment assistance funds
- The Secretary of Commonwealth
Notable changes
- Restricts the Secretary’s ability to reallocate funds from a project if it’s incomplete.
- Requires notification to the Secretary if a project cannot be completed as planned.
Bill text
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Document of record
- Version
- Pn 1873 Html
- Published
- Not published in the source record
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Sponsors
Official sponsors from legislative records.
2 on record
Primary sponsor
Cosponsor
Lynda Schlegel Culver
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