Bill > HB2202

Introduced Session

Amending the act of July 22, 1974 (P.L.598, No.206), entitled "An act creating the Pennsylvania Minority Business Development Authority as a governmental instrumentality and as a body corporate and politic; prescribing the rights, powers and duties of such authority; authorizing such authority to acquire by gift or purchase; to make loans, guarantees or other financial accommodations to minority business enterprises, to borrow money and issue bonds therefor, providing for the payment of such bonds and giving security therefor, prescribing the rights of the holders of such bonds; providing that no debt of the Commonwealth shall be incurred in the exercise of any powers granted by this act; exempting the property and securities of such authority from taxation; authorizing the authority to enter into contracts with and to accept grants from the Federal Government or any agency thereof; providing for the examination of the accounts and affairs of the authority; and making an appropriation," further providing for activities and powers of the authority in general; and establishing the <-- Minority Business Development Program; AND PROVIDING FOR <-- REPORTS.

AI Summary

Committee Categories

Scott Conklin (D)*,  Aerion Abney (D),  Anthony Bellmon (D),  Dave Delloso (D),  Liz Hanbidge (D),  Carol Hill-Evans (D),  Malcolm Kenyatta (D),  La'Tasha Mayes (D),  Ben Sanchez (D),  Gregory Scott (D),  Paul Takac (D),  Joseph Webster (D),  Dan Williams (D), 

Referred to COMMUNITY, ECONOMIC AND RECREATIONAL DEVELOPMENT (on 05/17/2024)

Official Document