HB 747 Pennsylvania House · 2025-2026 Regular Session

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
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Total actions
1
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Committee
1
Mar 3, 2025
Committee
Referred to Commerce
lower
1 primary · 7 co-sponsors

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