§ 2042. Definitions
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: February 12, 2024
Effective: February 12, 2024
73 P.S. § 2042
§ 2042. Definitions
The following words and phrases when used in this act shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Commonwealth agency.” As defined in 62 Pa.C.S. § 103 (relating to definitions).
“Critical material” or “critical mineral.” A material or mineral that:
(1) Has a significant economic importance for key sectors of the State or national economy.
(2) Has a high-supply risk due to import dependence or high levels of concentration in particular countries or regions.
(3) Lacks viable substitutes due to its unique properties and nature.
“Person.” An individual, corporation, partnership, limited liability company, business trust, association, estate, trust, foundation, business entity or government entity who is owned or controlled by, or acting for or on behalf of, Russia or Belarus as defined by the Office of Foreign Assets Control of the United States Department of Treasury as of the effective date of this definition.
Credits
2023, Dec. 14, P.L. 433, No. 57, § 2, effective in 60 days [Feb. 12, 2024].
73 P.S. § 2042, PA ST 73 P.S. § 2042
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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