Archived Bill Info

"WEINER", "KALMAN", "LANE", "MURRAY"

An Act amending the act of May 17, 1956 (P. L. 1609), entitled "Pennsylvania Industrial Development Authority Act," empowering the Authority to purchase first mortgages and to make payments on first mortgages on industrial development projects where necessary to protect loans made by the Authority on industrial development projects and increasing the amount the Authority can contract to loan and decreasing the amount that must be provided by industrial development agencies in the financing of industrial development projects, and removing the limitation as to the amount of Authority loans on industrial development projects where Federal agencies participate in the financing of such projects.

0727 Pink

Referred to State Government, May 9.

Reported as committed, May 23.

First reading, May 23.

Second reading, May 24.

Third reading and final passage, May 31. (Vote 50-0)

In the House

Referred to State Government, June 5.

Reported as committed, June 7.

First reading, June 7.

Second reading, June 8.

Third reading and final passage, July 11. (Vote 199-1)

Approved by the Governor, July 18, 1961.

Act No. 350