Statutes, codes, and regulations
Pennsylvania Code (Rules and Regulations)
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENTPart III - Business FinancingSubpart B - Bonds
Chapter 61 - PRIVATE ACTIVITY BONDS-STATEMENT OF POLICY
Section 61.2 - Initial allocations for Commonwealth agencies

12 Pa. Code § 61.2

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Current through Register Vol. 54, No. 49, December 7, 2024
Section 61.2 - Initial allocations for Commonwealth agencies

Other than allocations specifically authorized in Chapter 63 (relating to private activity bonds-allocations), no Commonwealth agency will be authorized a specific allocation. A Commonwealth agency may apply to the Secretary for an allocation for worthwhile projects consistent with section 5(a)(2)(i) and (iv) of the act (73 P. S. § 397.5(a)(2)(i) and (iv)) and §§ 61.4 and 61.5 (relating to project selection; and allocations of tax-exempt bond authority). The Secretary, in consultation with the Secretary of the Budget and the agency, will determine what portion of an allocation request a particular Commonwealth agency will receive.

12 Pa. Code § 61.2

The provisions of this § 61.2 adopted January 10, 1986, effective 1/1/1986, 16 Pa.B. 129; amended January 30, 1987, effective retroactively to January 1, 1987, 17 Pa.B. 571; amended January 22, 1988, effective retroactively to January 1, 1988, 18 Pa.B. 386; amended August 23, 1991, effective 8/24/1991, 21 Pa.B. 3825.