72 Pa. Stat. § 8906-E

Current through Pa Acts 2024-53, 2024-56 through 2024-111
Section 8906-E - Mixed-use Development Program Fund.
(a)Establishment.--The Mixed-use Development Program Fund is established as a separate account within the agency for the sole purpose of implementing the provisions of this article.
(b)Prohibition.--No other agency funds, money or interest earnings shall be utilized for purposes of this article.
(c) Deposit.--All money allocated or appropriated to the program shall be deposited into the fund and shall be appropriated to the agency on a continuing basis to carry out the provisions of this article.
(d) Funds.--The fund shall include money and proceeds generated through the sale and allocation of mixed-use development tax credits, capital investments, penalties, fees and costs, interest and earnings pursuant to this article as well as grants or donations from other sources and any funds that may be appropriated for these purposes by the General Assembly under this article. Interest and any other earnings shall remain in the fund.
(e)Use of money.--The agency may use any available money in the fund for administrative costs and for purposes consistent with this article.

72 P.S. § 8906-E

Added by P.L. TBD 2016 No. 84, § 43, eff. 9/11/2016.