Bill Text: PA HB1465 | 2011-2012 | Regular Session | Introduced

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Bill Title: Providing for a State revolving loan program to counties for the purpose of conducting countywide reassessments; imposing powers and duties on the Center for Local Government Services; and making an appropriation.

Spectrum: Partisan Bill (Democrat 2-0)

Status: (Introduced - Dead) 2011-06-06 - Referred to APPROPRIATIONS [HB1465 Detail]

Download: Pennsylvania-2011-HB1465-Introduced.html

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PRINTER'S NO. 2019
THE GENERAL ASSEMBLY OF PENNSYLVANIA
HOUSE BILL
No. 1465 Session of2011
INTRODUCED BY NEUMAN, JUNE 6, 2011
REFERRED TO COMMITTEE ON APPROPRIATIONS, JUNE 6, 2011
AN ACT
Providing for a State revolving loan program to counties for the
purpose of conducting countywide reassessments; imposing
powers and duties on the Center for Local Government
Services; and making an appropriation.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Short title.
This act shall be known and may be cited as the County
Reassessment Revolving Loan Program Act.
Section 2. Definitions.
The following words and phrases when used in this act shall
have the meanings given to them in this section unless the
context clearly indicates otherwise:
"Center." The Center for Local Government Services within
the Department of Community and Economic Development of the
Commonwealth.
"Program." The County Reassessment Revolving Loan Program
established under section 3.
Section 3. County Reassessment Revolving Loan Program.
(a) Establishment.--The County Reassessment Revolving Loan
Program is established and shall be administered by the center.
(b) Purpose of loans.--The center shall provide loans to
counties in order for counties to adequately perform countywide
reassessments. Program funds may be used for reassessment
purposes as determined by the center.
(c) Application.--The center shall develop and distribute a
uniform application for applicants to submit for loans under the
program.
(d) Review.--The center shall review applications submitted
for loans under the program and shall approve them if they are
complete and the applicant agrees to the terms and conditions
for the loan as determined by the center.
(e) Loan repayment.--The center shall determine applicable
methods regarding loan repayment procedures.
(f) Funding distribution.--If there are insufficient State
funds appropriated for loans under this act in any year, the
center shall distribute the funds as determined by the center.
Section 4. Rules and regulations.
The center shall adopt rules and regulations necessary to
implement and administer the provisions of this act.
Section 5. Appropriation.
The sum of $5,000,000 is hereby appropriated to the Center
for Local Government Services within the Department of Community
and Economic Development for the purpose of providing loans
under this act.
Section 6. Effective date.
This act shall take effect in 60 days.
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