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§ 400.2706. Powers and duties of department

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and Commerce

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 12R. Job Enhancement Act (Refs & Annos)
Chapter 27. Tax-Exempt Bond Allocation (Refs & Annos)
73 P.S. § 400.2706
§ 400.2706. Powers and duties of department
Currentness
(a) Enumeration.--The department has the following powers and duties:
(1) Notify affected agencies and authorities of their bond allocations under section 2704.1
(2) Submit reports to the Secretary of the Senate and the Chief Clerk of the House of Representatives within 45 days of January 1 and within 45 days of July 1 of each year.
Reports shall include:
(i) A list of projects approved, disapproved and pending. The list shall contain for each request:
(A) Amount.
(B) Location, if applicable.
(C) Estimated jobs, if applicable.
(D) Issuing authority or agency.
(E) Section of this chapter under which bond authority was given.
(ii) The written procedures, policies, guidelines, forms and reporting requirements established under paragraph (4).
(iii) Other information which the secretary deems pertinent, including suggested changes to the program.
(3) Promulgate any regulations as may be necessary to carry out the purposes set forth in this chapter and publish all other general procedures, requirements, interpretations and guidelines and changes thereto utilized in the implementation of this chapter.
(4) The department shall establish procedures, policies, guidelines, forms and reporting requirements necessary or appropriate to carry out the purposes of this chapter within 180 days of the effective date of this section. Procedures, policies, guidelines, forms and reporting requirements to be established under this section shall be submitted to the Community and Economic Development Committee of the Senate and the Commerce and Economic Development Committee of the House of Representatives for their comment and review. These procedures, policies, guidelines, forms and reporting requirements shall be effective for one year from the effective date of this section or until regulations are promulgated under this chapter, whichever is sooner.
(b) Consultation with Secretary of the Budget.--In making the initial allocations to agencies and in making decisions as to allocation carryforwards, the department shall consult with the Secretary of the Budget.

Credits

1996, June 29, P.L. 434, No. 67, § 2706, added 1998, Nov. 17, P.L. 788, No. 100, § 10, imd. effective.

Footnotes

1
73 P.S. § 400.2704.
73 P.S. § 400.2706, PA ST 73 P.S. § 400.2706
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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