72 Pa. Stat. § 1602-X

Current through Pa Acts 2024-53, 2024-56 through 2024-92

Section 1602-X - Definitions.

The following words and phrases when used in this article shall have the meanings given to them in this section unless the context clearly indicates otherwise:

"Affiliate." A person who directly or indirectly:

(1) Owns or controls another person;

(2) Is owned or controlled by another person; or

(3) Is under common ownership or control with another person.

"Business." As defined in section 103 of the KOZ act.

"Department." The Department of Community and Economic Development of the Commonwealth.

"Keystone Opportunity Expansion Zone." As defined in section 103 of the KOZ act.

"KOZ act." The act of October 6, 1998 ( P.L. 705, No.92), known as the Keystone Opportunity Zone, Keystone Opportunity Expansion Zone and Keystone Opportunity Improvement Zone act.

"Person." As defined in section 103 of the KOZ act.

"Political subdivision." As defined in section 103 of the KOZ act.

"Tax reform code of 1971." The act of March 4, 1971 ( P.L. 6, No.2), known as the Tax Reform Code of 1971.

"Unoccupied parcel." As defined in section 103 of the KOZ act.

72 P.S. § 1602-X

Added by P.L. TBD 2023 No. 34,§ 8, eff. 12/13/2023.