An Act amending the act of June 29, 1996 (P.L.434, No.67), known as the Job Enhancement Act, in Community Development Bank Grant and Loan Program, further providing for definitions and providing for financial assistance to air ambulance crash impacted businesses.

PRINTER'S NO. 715
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 671
Session of
2025
INTRODUCED BY PICOZZI, TARTAGLIONE, SAVAL, COMITTA, ARGALL,
STEFANO, COSTA AND MASTRIANO, APRIL 30, 2025
REFERRED TO COMMUNITY, ECONOMIC AND RECREATIONAL DEVELOPMENT,
APRIL 30, 2025
AN ACT
Amending the act of June 29, 1996 (P.L.434, No.67), entitled "An
act to enhance job creation and economic development by
providing for an annual financing strategy, for opportunity
grants, for job creation tax credits, for small business
assistance, for the Small Business Advocacy Council, for a
family savings program, for industrial development
assistance, for community development bank grants and loans
and for tax-exempt bond allocation; conferring powers and
duties on various administrative agencies and authorities;
further providing for various funds; and making repeals," in
Community Development Bank Grant and Loan Program, further
providing for definitions and providing for financial
assistance to air ambulance crash impacted businesses.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Section 2501 of the act of June 29, 1996
(P.L.434, No.67), known as the Job Enhancement Act, is amended
by adding definitions to read:
Section 2501. Definitions.
The following words and phrases when used in this chapter
shall have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Air ambulance crash impacted business." A business
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materially impacted by the air ambulance crash in Philadelphia
on January 31, 2025.
* * *
"Committee." The Operational Committee established under
section 2503.
* * *
Section 2. The act is amended by adding a section to read:
Section 2512. Financial assistance to air ambulance crash
impacted businesses.
(a) Air ambulance crash grant program.--From money
appropriated to the authority for grants under this subsection,
the authority shall issue grants to eligible institutions or
nonprofits to provide technical assistance, training or other
support to air ambulance crash impacted businesses.
(b) Air ambulance crash loan program.--From money
appropriated to the authority for loans under this subsection,
the authority shall provide loans to eligible institutions for
the purpose of providing funding to eligible institutions to
make loans to air ambulance crash impacted businesses.
(c) Report.--The authority shall prepare, in consultation
with the committee, a report to the chairperson and minority
chairperson of the Appropriations Committee of the Senate and
the chairperson and minority chairperson of the Appropriations
Committee of the House of Representatives within 180 days of the
implementation of the air ambulance crash grant and loan
programs. The report shall include the amount of money allocated
to the air ambulance crash grant and loan programs under this
section, the name and location of nonprofits and community
development financial institutions accredited by the department
and the number of grants and loans disbursed to air ambulance
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crash impacted businesses.
(d) Study.--The Joint State Government Commission shall
conduct, in consultation with the authority and committee, a
comprehensive study and issue a report on providing grants to
small businesses in emergency situations within 180 days of the
implementation of the air ambulance crash grant and loan
programs. The study shall:
(1) Examine economic recovery approaches for small
businesses in other states after an emergency situation.
(2) Identify the best practices for economic
redevelopment of a small business after an emergency
situation.
(e) Prohibition on issuance.--The authority may not award a
grant or loan under this section later than five years after the
effective date of this section.
Section 3. This act shall take effect immediately.
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