Pennsylvania Code
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT
Part III - Business Financing
Subpart B - Bonds
Chapter 61 - PRIVATE ACTIVITY BONDS-STATEMENT OF POLICY
Section 61.2 - Initial allocations for Commonwealth agencies

Other than allocations specifically authorized in Chapter 63 (relating to private activity bonds-allocations), no Commonwealth agency will be authorized a specific allocation. A Commonwealth agency may apply to the Secretary for an allocation for worthwhile projects consistent with section 5(a)(2)(i) and (iv) of the act (73 P. S. § 397.5(a)(2)(i) and (iv)) and §§ 61.4 and 61.5 (relating to project selection; and allocations of tax-exempt bond authority). The Secretary, in consultation with the Secretary of the Budget and the agency, will determine what portion of an allocation request a particular Commonwealth agency will receive.