PRINTER'S NO. 2341
No. 1567 Session of 2002
INTRODUCED BY PUNT, OCTOBER 24, 2002
REFERRED TO COMMUNITY AND ECONOMIC DEVELOPMENT, OCTOBER 24, 2002
AN ACT
1 Amending the act of June 29, 1996 (P.L.434, No.67), entitled, as
2 amended, "An act to enhance job creation and economic
3 development by providing for an annual financing strategy,
4 for opportunity grants, for job creation tax credits, for
5 small business assistance, for the Small Business Advocacy
6 Council, for a family savings program, for industrial
7 development assistance, for community development bank grants
8 and loans and for tax-exempt bond allocation; conferring
9 powers and duties on various administrative agencies and
10 authorities; further providing for various funds; and making
11 repeals," repealing transitional loan provisions.
12 The General Assembly of the Commonwealth of Pennsylvania
13 hereby enacts as follows:
14 Section 1. Section 5104 of the act of June 29, 1996
15 (P.L.434, No.67), known as the Job Enhancement Act, is amended
16 to read:
17 [Section 5104. Transitional provisions.
18 (a) Capital Loan Fund applications.--Applications for
19 assistance under the act of July 2, 1984 (P.L.545, No.109),
20 known as the Capital Loan Fund Act, which have been approved by
21 the department prior to the effective date of this chapter shall
22 be processed in accordance with the provisions of the Capital
1 Loan Fund Act. Applications for assistance which have been
2 received by the department but which have not been approved
3 prior to the effective date of this chapter shall be evaluated
4 and processed in accordance with the provisions of this chapter.
5 (b) Air Quality Improvement Fund, Storage Tank Loan Fund and
6 Recycling Incentive Development Account applications.--
7 Applications for assistance made under section 7.13 of the act
8 of January 8, 1960 (1959 P.L.2119, No.787), known as the Air
9 Pollution Control Act, section 709 of the act of July 6, 1989
10 (P.L.169, No.32), known as the Storage Tank and Spill Prevention
11 Act, and made to the Recycling Incentive Development Account,
12 which have been approved by the Secretary of Environmental
13 Protection or the Department of Environmental Protection prior
14 to the effective date of this chapter shall be processed in
15 accordance with these respective statutory provisions.
16 Applications for assistance which have been received by the
17 Department of Environmental Protection but which have not been
18 approved prior to the effective date of this chapter shall be
19 evaluated and processed in accordance with Chapter 13.]
20 Section 2. This act shall take effect immediately.
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