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§ 1701-E.2. Definitions

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: April 25, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-E.2. School District Debt Refinancing Bonds (Refs & Annos)
Effective: April 25, 2016
72 P.S. § 1701-E.2
§ 1701-E.2. Definitions
Currentness
The following words and phrases when used in this article shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Authority.” The Commonwealth Financing Authority.
“Cost of a project.” The term includes all items reimbursable under law.
“Cost of PlanCon project.” Approved reimbursable rentals and approved reimbursable sinking fund charges, capital grants, any necessary or appropriate reserves, costs of issuance and any other financing costs related to a PlanCon project.
“Department.” The Department of Education of the Commonwealth.
“Finance.” The lending or providing of funds to a school district for payment of the cost of a project and the provision of funds for a PlanCon project.
“Financing Law.” The provisions of 64 Pa.C.S. Ch. 15 (relating to Commonwealth Financing Authority).
“PlanCon project.” The funding of approved reimbursable rentals for approved leases and approved reimbursable sinking fund charges authorized under section 2574 of the Public School Code of 19491 and capital grants for a project authorized to be approved under section 2574.4 of the Public School Code of 1949.2
“Project.” As defined in 64 Pa.C.S. Ch. 15 (relating to Commonwealth Financing Authority) or any project of a school district that is eligible for reimbursement by the Commonwealth as required under Subarticle (f) of Article XXV of the Public School Code of 19493 for approved rental or sinking fund charges.
“Public School Code of 1949.” The act of March 10, 1949 (P.L. 30, No. 14),4 known as the Public School Code of 1949.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-E.2, § 1701-E.2, added 2016, April 25, P.L. 168, No. 25, § 15.1, imd. effective.

Footnotes

1
24 P.S. § 25-2574.
2
24 P.S. § 25-2574.4.
3
24 P.S. § 25-2571 et seq.
4
24 P.S. § 1-101 et seq.
72 P.S. § 1701-E.2, PA ST 72 P.S. § 1701-E.2
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
End of Document