HB 2367 — An Act amending the act of February 9, 1999 (P.L.1, No.1), known as the Capital Facilities Debt Enabling Act, in capital facilities, further providing for definitions and repealing provisions relating to appropriation for and limitation on redevelopment assistance capital projects.

PRINTER'S NO.   3148

                     THE GENERAL ASSEMBLY OF PENNSYLVANIA



                         HOUSE BILL
                         No. 2367
                                               Session of
                                                 2026

     INTRODUCED BY BOYD, POWELL, HILL-EVANS, SANCHEZ, PROBST,
        T. DAVIS, MERSKI, BRENNAN, HOWARD, STEELE, DELLOSO, FREEMAN,
        CEPEDA-FREYTIZ, INGLIS, CIRESI, SMITH-WADE-EL AND CURRY,
        APRIL 8, 2026

     REFERRED TO COMMITTEE ON HOUSING AND COMMUNITY DEVELOPMENT,
        APRIL 8, 2026


                                    AN ACT
 1   Amending the act of February 9, 1999 (P.L.1, No.1), entitled "An
 2      act providing for borrowing for capital facilities;
 3      conferring powers and duties on various administrative
 4      agencies and officers; making appropriations; and making
 5      repeals," in capital facilities, further providing for
 6      definitions and repealing provisions relating to
 7      appropriation for and limitation on redevelopment assistance
 8      capital projects.
 9      The General Assembly of the Commonwealth of Pennsylvania
10   hereby enacts as follows:
11      Section 1.    The definition of "redevelopment assistance
12   capital project" in section 302 of the act of February 9, 1999
13   (P.L.1, No.1), known as the Capital Facilities Debt Enabling
14   Act, is amended to read:
15   Section 302.    Definitions.
16      The following words and phrases when used in this chapter
17   shall have the meanings given to them in this section unless the
18   context clearly indicates otherwise:
19      * * *
 1      "Redevelopment assistance capital project."     The design and
 2   construction of a project which meets all of the following:
 3          (1)   Is a project, including infrastructure associated
 4      with the project. A project does not include highways,
 5      bridges, waste disposal facilities, sewage facilities or
 6      water facilities. This paragraph includes:
 7                (i)    Storm water, water or sewer infrastructure, or
 8          tunnels, bridges or roads, when associated with a project
 9          that is part of an economic development project.
10                (ii)    Hospital facilities and capital improvements
11          for hospital facilities.
12          (2)   Is a project which will generate substantial
13      increases in or maintain current levels of employment, tax
14      revenues or other measures of economic activity. This
15      paragraph includes:
16                (i)    [a] A community asset project[; and].
17                (ii)    [a] A housing project [that will support and
18          generate economic activity].
19          (3)   Is a project that has a regional or
20      multijurisdictional impact [or, in the case of housing, is
21      part of a community revitalization plan].
22          (4)   Is eligible for tax-exempt bond funding under
23      existing Federal law and regulations.
24          (5)   Has at least a 50% non-State financial participation
25      documented at the time of application, including a portion of
26      any funds reserved for future physical maintenance and
27      operation of the project:
28                (i)    at least half of which is secured funding;
29                (ii)    toward which the only noncash non-State
30          financial participation permitted is land or fixed assets

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 1             which have a substantial useful life and are directly
 2             related to the project;
 3                   (iii)   toward which State funds from other programs
 4             may not be used; and
 5                   (iv)    toward which funds from Federal sources may be
 6             used.
 7             (6)     Has a total project cost of at least $1,000,000.
 8             (7)     (Reserved).
 9      * * *
10      Section 2.       Section 317(c) of the act is repealed:
11   Section 317.       Appropriation for and limitation on redevelopment
12                       assistance capital projects.
13      * * *
14      [(c)    Housing units.--An amount not to exceed $50,000,000 of
15   the amount under subsection (b) may be used for the construction
16   of housing units.]
17      Section 3.       This act shall take effect in 60 days.




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