Current through Pa Acts 2024-53, 2024-56 through 2024-111
(a)Notice.--Following the designation of a zone, the contracting authority shall notify the State Treasurer.(b)Establishment.--Upon receipt of notice under subsection (a), the State Treasurer shall establish for each zone a special fund for the benefit of the contracting authority to be known as the City Revitalization and Improvement Zone Fund or Pilot Zone Fund. Interest income derived from investment of money in the zone fund shall be credited by the State Treasury to the zone fund. Amended by P.L. TBD 2016 No. 84, § 37, eff. 7/13/2016.Added by P.L. 270 2013 No. 52, § 31, eff. 7/9/2013.