Bill > HB1713

This bill amends the definition of "economic development agencies" in the Economic Development Agency, Fiduciary and Lender Environmental Liability Protection Act to provide a more comprehensive and detailed list of entities that qualify under this term. The expanded definition now explicitly includes nine specific types of organizations, such as redevelopment authorities, industrial development agencies, area loan organizations, municipal development departments, tourist promotion agencies, conservancies, and land banks. The bill clarifies and updates the language to specify that these entities can include nonprofit corporations, local community-based sponsors, and organizations involved in various economic development activities like property acquisition, community development, and industrial site renewal. The changes appear to be primarily grammatical and structural, making the definition more precise and inclusive, with minor updates to references of specific acts and laws. The bill will take effect 60 days after its enactment, providing time for relevant agencies and organizations to understand and implement the updated definition.

Budget and Finance, Government Affairs, Housing and Urban Affairs

https://www.legis.state.pa.us/cfdocs/billinfo/bill_history.cfm?syear=2025&sind=0&body=H&type=B&bn=1713