Pennsylvania Code
Title 12 - COMMERCE, TRADE AND LOCAL GOVERNMENT
Part III - Business Financing
Subpart B - Bonds
Chapter 63 - PRIVATE ACTIVITY BONDS-ALLOCATIONS
Section 63.4 - Reallocations

Universal Citation: 12 PA Code ยง 63.4
Current through Register Vol. 54, No. 44, November 2, 2024

The unused portion of an allocation provided under § 63.1(b)-(e) (relating to allocations) will be reallocated by the Secretary in cooperation with the Executive Director of the Higher Education Assistance Agency in the manner provided by section 5(b) and (c) of the Tax-Exempt Bond Allocation Act (73 P.S. § 397.5(b) and (c)). Reallocations under section 5(b)(1)(ii) of the Tax-Exempt Bond Allocation Act may be made to an eligible project or use provided by § 63.1(b)-(e).

This regulation was promulgated under section 6(b) of the Regulatory Review Act (71 P.S. § 745.6(b))

The provisions of this §63.4 issued under sections 6 and 7(4) of the Tax-Exempt Bond Allocation Act (73 P.S. § 397.7(4)) (Repealed).

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