Current through Pa Acts 2024-53, 2024-56 through 2024-92
Section 393.31 - Restrictions on funding(a) Counties.--No more than 20% of funds available under the Infrastructure Development Program in any fiscal year shall be loaned or granted for projects in any county.(b) Certain green field projects.--No more than 10% of the funds available under the Infrastructure Development Program in any fiscal year shall be loaned or granted to applicants for green field projects not involving private companies.(c) Dollar amount.--No individual grant, grant-to-loan or loan shall exceed $1,250,000.(d) Former industrial sites.--A minimum of 20% of the funds available under the Infrastructure Development Program in any fiscal year shall be approved for a grant, grant-to-loan or loan for projects located on a former industrial site.1996, July 11, P.L. 677, No. 116, § 11, imd. effective.