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§ 3112. Powers of administrative entity

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 Pa.C.S.A. Taxation and Fiscal AffairsEffective: August 30, 2021

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 Pa.C.S.A. Taxation and Fiscal Affairs
Chapter 31. Microenterprise Assistance
Subchapter B. Microenterprise Loan Programs
Effective: August 30, 2021
72 Pa.C.S.A. § 3112
§ 3112. Powers of administrative entity
Currentness
(a) General rule.--In addition to powers granted to an administrative entity in other laws, an administrative entity shall have the following powers necessary to operate a program:
(1) To issue loans to microenterprises that will operate on property owned by the administrative entity and leased to the microenterprise. The program shall target microenterprises owned by low-income individuals and diverse groups who are residents of this Commonwealth.
(2) To negotiate for loans and grants from both public and private sources in order to fund the program.
(3) To acquire property to lease to start-up entrepreneurs in order to facilitate the establishment of a microenterprise.
(4) To enter into an intergovernmental cooperation agreement with other administrative entities or municipalities relative to the operations of the program.
(b) Eminent domain.--An administrative entity does not possess the power of eminent domain by establishing and implementing a program.

Credits

2021, June 30, P.L. 190, No. 37, § 1, effective in 60 days [Aug. 30, 2021].
72 Pa.C.S.A. § 3112, PA ST 72 Pa.C.S.A. § 3112
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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