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§ 303. Development

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 12 Pa.C.S.A. Commerce and TradeEffective: February 12, 2004

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 12 Pa.C.S.A. Commerce and Trade (Refs & Annos)
Part I. General Provisions
Chapter 3. Economic Development Financing Strategy
Effective: February 12, 2004
12 Pa.C.S.A. § 303
§ 303. Development
Currentness
The department shall annually develop a report containing a financing strategy for economic development within this Commonwealth. In developing the report, the department shall gather input and recommendations from businesses, community leaders and organizations, legislators and private citizens. The report shall include all of the following:
(1) A financial audit or statement of operations for each economic development program.
(2) A narrative description of accomplishments for each economic development program during the preceding fiscal year.
(3) A detailed description of the parameters of operation for the economic development programs during the upcoming fiscal year. The description shall include the terms and conditions under which the economic development programs shall be administered.
(4) A description of the performance measurements and accountability factors to be applied and the performance targets or goals to be met for each economic development program.
(5) A description of long-range planning for the economic development programs through the next five fiscal years.
(6) A list of the loans, grants or credits approved for the economic development programs during the fiscal year. The list shall include a brief description of and details regarding each loan, grant or credit approved, including penalties imposed by the department.
(7) A review of pending projects.

Credits

2004, Feb. 12, P.L. 99, No. 12, § 2, imd. effective.
12 Pa.C.S.A. § 303, PA ST 12 Pa.C.S.A. § 303
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document