An Act amending Title 64 (Public Authorities and Quasi-Public Corporations) of the Pennsylvania Consolidated Statutes, in Commonwealth Financing Authority, further providing for indebtedness.
HB 747 increases the debt limit for Pennsylvania's Business in Our Sites Program from $300 million to $375 million under the Commonwealth Financing Authority. This change directly affects the program, which supports business development on underutilized sites across the state. The bill amends Section 1543(b)(1) of Title 64 to allow the authority to incur higher aggregate indebtedness for this specific program. The amendment takes effect 60 days after enactment.
Bill status
in committee
1 of 4 stages cleared
Introduction
Mar 2025
Committee Review
Floor Vote
Governor
Introduced Mar 3, 2025
Last action Mar 3, 2025
Floor votes
How they voted
No floor votes recorded yet.
Full legislative history
Actions timeline
Total actions
1
Key actions
0
Committee
1
Mar 3, 2025
Committee
Referred to Commerce
lower
1 primary · 7 co-sponsors
Sponsors
Ask Maddy
·
AI policy assistant
Ask Maddy about HB 747
Scope: PA
Hi! I can help you understand HB 747. What would you like to know?
Try one of these
i
Maddy answers using official bill text and legislative records. Always verify before sharing.
Sources cited inline