§ 820.302. Application
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: February 14, 2012
Effective: February 14, 2012
73 P.S. § 820.302
§ 820.302. Application
(a) Initial application.--One or more political subdivisions, or a designee of one or more political subdivisions, may apply to the department to designate deteriorated property within the political subdivision or portions thereof a subzone or expansion subzone. The application shall contain the following:
(1) The geographic area of the proposed keystone opportunity zone or proposed keystone opportunity expansion zone. The geographic area shall be located within the boundaries of the participating political subdivision and shall not contain more than 5,000 acres in the case of a keystone opportunity zone or 1,500 acres in the case of a keystone opportunity expansion zone.
(i) A detailed map of the proposed keystone opportunity zone or proposed keystone opportunity expansion zone, including geographic boundaries, total area and present use and conditions of the land and structures of the proposed keystone opportunity zone or proposed keystone opportunity expansion zone.
(iii) A proposal to increase economic opportunity, reduce crime, improve education, facilitate infrastructure improvement, reduce the local regulating burden and identify potential jobs and job training opportunities and which states whether or not the zone is located in an area which has tax revenue dedicated to the payment of debt.
(iv) A description of the current social, economic and demographic characteristics of the proposed keystone opportunity zone or proposed keystone opportunity expansion zone and anticipated improvements in education, health, human services, public safety and employment that will result from keystone opportunity zone or keystone opportunity expansion zone designation.
(6) Evidence that the proposed keystone opportunity zone or proposed keystone opportunity expansion zone meets the required criteria under section 304.1
(a.1) Enhancement application.--One or more political subdivisions within a keystone opportunity zone or keystone opportunity expansion zone, or a designee of one or more political subdivisions within a keystone opportunity zone or keystone opportunity expansion zone, may apply to the department to designate deteriorated property within the political subdivision or portions of the political subdivision as enhancements to a subzone or an expansion subzone. The application must satisfy the requirements of subsection (a)(1), (2), (3), (5) and (6).
(b) Participation limitation.--A political subdivision shall not be a part of more than one proposed keystone opportunity zone or proposed keystone opportunity expansion zone, unless the department agrees that two zones will bring additional economic benefit to the political subdivision. A proposed expansion subzone may not overlap the boundaries of a subzone.
(c) Application limitation.--A political subdivision may submit only one application to the department for authorization as a keystone opportunity zone. A political subdivision may submit only one application to the department for authorization as a keystone opportunity expansion zone. A political subdivision may submit only one application to the department for designation of enhancements to keystone opportunity zones and keystone opportunity expansion zones. If a political subdivision seeks to enhance its subzone under section 301(f)2 or its expansion subzone under section 301.1(e)3 and the Governor has designated an improvement subzone located within the political subdivision under section 301.2(b),4 the political subdivision must submit one application containing both the request required by section 301(f) or 301.1(e) and the application required by section 301.2(c).
Credits
1998, Oct. 6, P.L. 705, No. 92, § 302, imd. effective. Amended 2000, Dec. 20, P.L. 841, No. 119, § 4, imd. effective; 2002, Dec. 9, P.L. 1727, No. 217, § 4, imd. effective; 2003, Dec. 23, P.L. 360, No. 51, § 3, imd. effective; 2012, Feb. 14, P.L. 183, No. 16, § 3, imd. effective.
73 P.S. § 820.302, PA ST 73 P.S. § 820.302
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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