Pennsylvania HB1989 establishes the Keystone National Finance Authority to finance economic development projects.

Pennsylvania HB1989 establishes the Keystone National Finance Authority as an independent authority to finance economic development projects. The authority can issue bonds, enter into agreements, and acquire property. The authority aims to promote job creation, economic activity, and community revitalization. The authority's board governs its operations and includes members appointed by the Governor, State Treasurer, Auditor General, and legislative leaders. The authority is exempt from certain procurement laws and must annually report its financial statements.

Pennsylvania HB1989 establishes the Keystone National Finance Authority to finance economic development projects.

Pennsylvania HB1989 establishes the Keystone National Finance Authority as an independent authority to finance economic development projects. The authority can issue bonds, enter into agreements, and acquire property. The authority aims to promote job creation, economic activity, and community revitalization. The authority's board governs its operations and includes members appointed by the Governor, State Treasurer, Auditor General, and legislative leaders. The authority is exempt from certain procurement laws and must annually report its financial statements.