§ 1649.605. Home Energy Efficiency Loan Fund
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: July 9, 2008
Effective: July 9, 2008
73 P.S. § 1649.605
§ 1649.605. Home Energy Efficiency Loan Fund
(a) Establishment.--Money transferred to the agency under section 503(2)1 shall be deposited into a restricted receipts account to be known as the Home Energy Efficiency Loan Fund and used in association with loans awarded by the agency under this program.
(b) Revolving loan fund.--Proceeds of bonds issued to fund the loans authorized under this chapter and any moneys received as loan repayments, or moneys otherwise made available to the fund, shall be deposited in the fund and made available for additional loans. No more than 1% of the funds may be used for reasonable administrative costs.
Credits
2008, July 9, P.L. 1873, No. 1 (Spec. Sess. No. 1), § 605, imd. effective.
Footnotes
73 P.S. § 1649.503.
73 P.S. § 1649.605, PA ST 73 P.S. § 1649.605
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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