Pennsylvania SB1414 amends the Capital Facilities Debt Enabling Act to require notification to the secretary if a redevelopment assistance capital.
Pennsylvania SB1414 amends the Capital Facilities Debt Enabling Act by adding a requirement for applicants of redevelopment assistance capital projects to notify the secretary if the project cannot be completed. The bill specifies that the unutilized portion of the approved project grant cannot be reallocated to a different county. This act aims to ensure transparency and accountability in the administration of redevelopment assistance capital projects.
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