§ 1603-K. Business in Our Sites Program limitations
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 13, 2016
Effective: July 13, 2016
72 P.S. § 1603-K
Formerly cited as PA ST 64 Pa.C.S.A. § 1551(g)(2)
§ 1603-K. Business in Our Sites Program limitations
A project grant awarded under 64 Pa.C.S. § 1551(f) (relating to Business in Our Sites Program) shall not exceed 40% of the total amount of financing awarded by the board of directors of the authority for the project or $4,000,000, whichever is less. No more than one-third of the funds made available for the program authorized by 64 Pa.C.S. § 1551, including loan repayments and funds transferred pursuant to this act, may be used for all project grants.
Credits
1929, April 9, P.L. 343, No. 176, art. XVI-K, § 1603-K, added 2016, July 13, P.L. 664, No. 85, § 9.4, imd. effective.
72 P.S. § 1603-K, PA ST 72 P.S. § 1603-K
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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