Pennsylvania Act 1984-19 — ECONOMIC REDEVELOPMENT - AUTHORIZING INDEBTEDNESS

Act text

ECONOMIC REDEVELOPMENT - AUTHORIZING INDEBTEDNESS
                  Act of Feb. 24, 1984, P.L. 99, No. 19               Cl. 12
                                  AN ACT

     Authorizing the indebtedness, with the approval of the electors,
        of $190,000,000 to promote economic redevelopment throughout
        Pennsylvania through job producing programs; grants and loans
        for industrial and small business development; acquisition of
        equipment for vocational programs in secondary schools,
        community colleges and engineering degree-granting schools;
        agricultural development; and the acquisition, rehabilitation
        or development of facilities for community services and
        public recreation purposes.

        The General Assembly of the Commonwealth of Pennsylvania
     hereby enacts as follows:

     Section 1.  Incurring indebtedness.
        The question of incurring indebtedness of $190,000,000 to
     promote economic redevelopment throughout the Commonwealth
     through job producing programs; grants and loans for industrial
     and small business development; acquisition of equipment for
     vocational programs in secondary schools, community colleges and
     engineering degree-granting schools; agricultural development;
     and the acquisition, rehabilitation or development of facilities
     for community services and public recreation purposes, subject
     to implementation by law, shall be submitted to the electors at
     the next primary election following enactment of this act.
     Section 2.  Certify question.
        The Secretary of the Commonwealth shall forthwith certify the
     question to the county boards of election.
     Section 3.  Question to electorate.
        The question shall be in substantially the following form:
            Do you favor incurring indebtedness by the Commonwealth
            of $190,000,000 to promote economic redevelopment
            throughout Pennsylvania through job producing programs;
            grants and loans for industrial and small business
            development; acquisition of equipment for vocational
            programs in secondary schools, community colleges and
            engineering degree-granting schools; agricultural
            development; and the acquisition, rehabilitation or
            development of facilities for community services and
            public recreation purposes, subject to implementation by
            law?

        Compiler's Note:  The voters approved the incurring of
            indebtedness of $190,000,000 at the general election held
            on April 10, 1984.
     Section 4.  Conduct of election.
        The election shall be conducted in accordance with the act of
     June 3, 1937 (P.L.1333, No.320), known as the Pennsylvania
     Election Code, except that the time limits for advertisement of
     notice of the election may be waived as to the question.
     Section 5.  Use of proceeds.
        Proceeds of borrowing shall be used as determined by the
     General Assembly by law to promote economic redevelopment
     throughout the Commonwealth through job producing programs;
     grants and loans for industrial and small business development;
     to acquire equipment for vocational programs in secondary
     schools, community colleges and engineering degree-granting
     schools; for agricultural development; and for the acquisition,
     rehabilitation or development of facilities for community
     services and public recreation purposes.
     Section 6.  Effective date.
        This act shall take effect immediately.