An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.

Plain English Breakdown

Using official source text because the generated explanation was unavailable or could not be confirmed against the official bill text.

An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.

An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.

What This Bill Does

• An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.

Limits and Unknowns

• This entry is temporarily using official source text because the generated explanation could not be confirmed against the official bill text during the last sync.

Official Summary Text

An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.

Current Bill Text

PRINTER'S NO. 773
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 747
Session of
2025
INTRODUCED BY INGLIS, SANCHEZ, GIRAL, STEELE, D. WILLIAMS, DEASY
AND BOYD, MARCH 3, 2025
REFERRED TO COMMITTEE ON COMMERCE, MARCH 3, 2025
AN ACT
Amending Title 64 (Public Authorities and Quasi-Public
Corporations) of the Pennsylvania Consolidated Statutes, in
Commonwealth Financing Authority, further providing for
indebtedness.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 1543(b)(1) of Title 64 of the
Pennsylvania Consolidated Statutes is amended to read:
§ 1543. Indebtedness.
* * *
(b) Program limitations.--Indebtedness incurred by the
authority under subsection (a) shall not, in aggregate, exceed
any of the following:
(1) [$300,000,000] $375,000,000 for the program
established in section 1551 (relating to Business in Our
Sites Program).
* * *
Section 2. This act shall take effect in 60 days.
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