HB 877 — An Act amending the act of June 29, 1996 (P.L.434, No.67), known as the Job Enhancement Act, in Community Development Bank Grant and Loan Program, further providing for definitions and providing for financial assistance to air ambulance crash impacted businesses.

PRINTER'S NO.   917

                     THE GENERAL ASSEMBLY OF PENNSYLVANIA



                         HOUSE BILL
                         No. 877
                                               Session of
                                                 2025

     INTRODUCED BY SOLOMON, DOUGHERTY, BELLMON, WHITE, NEILSON,
        GALLAGHER, HOHENSTEIN, GREINER, MADDEN, WAXMAN, GIRAL, KHAN,
        SCHLOSSBERG, GUENST, SANCHEZ, KENYATTA, ISAACSON, OTTEN,
        BOROWSKI AND RABB, MARCH 11, 2025

     REFERRED TO COMMITTEE ON VETERANS AFFAIRS AND EMERGENCY
        PREPAREDNESS, MARCH 11, 2025


                                     AN ACT
 1   Amending the act of June 29, 1996 (P.L.434, No.67), entitled "An
 2      act to enhance job creation and economic development by
 3      providing for an annual financing strategy, for opportunity
 4      grants, for job creation tax credits, for small business
 5      assistance, for the Small Business Advocacy Council, for a
 6      family savings program, for industrial development
 7      assistance, for community development bank grants and loans
 8      and for tax-exempt bond allocation; conferring powers and
 9      duties on various administrative agencies and authorities;
10      further providing for various funds; and making repeals," in
11      Community Development Bank Grant and Loan Program, further
12      providing for definitions and providing for financial
13      assistance to air ambulance crash impacted businesses.
14      The General Assembly of the Commonwealth of Pennsylvania
15   hereby enacts as follows:
16      Section 1.    Section 2501 of the act of June 29, 1996
17   (P.L.434, No.67), known as the Job Enhancement Act, is amended
18   by adding a definition to read:
19   Section 2501.    Definitions.
20      The following words and phrases when used in this chapter
21   shall have the meanings given to them in this section unless the
22   context clearly indicates otherwise:
 1      "Air ambulance crash impacted business."   A business
 2   materially impacted by the air ambulance crash in Philadelphia
 3   on January 31, 2025.
 4      * * *
 5      Section 2.   The act is amended by adding a section to read:
 6   Section 2512.   Financial assistance to air ambulance crash
 7               impacted businesses.
 8      (a)   Air ambulance crash grant program.--From money
 9   appropriated to the authority for grants under this subsection,
10   the authority shall issue grants to eligible institutions to
11   provide technical assistance, training or other support to air
12   ambulance crash impacted businesses.
13      (b)   Air ambulance crash loan program.--From money
14   appropriated to the authority for loans under this subsection,
15   the authority shall provide loans to eligible institutions for
16   the purpose of providing funding to eligible institutions to
17   make loans to air ambulance crash impacted businesses.
18      (c)   Report.--The authority shall prepare, in consultation
19   with the committee, a report to the chairperson and minority
20   chairperson of the Appropriations Committee of the Senate and
21   the chairperson and minority chairperson of the Appropriations
22   Committee of the House of Representatives. The report shall
23   include the amount of money allocated to the air ambulance crash
24   grant and loan programs under this section, the name and
25   location of community development financial institutions
26   accredited by the department and the number of grants and loans
27   disbursed to air ambulance crash impacted businesses.
28      (d)   Prohibition on issuance.--The authority may not award a
29   grant or loan under this section later than five years after the
30   effective date of this section.

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1     Section 3.    This act shall take effect immediately.




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