HB 359: An Act amending the act of July 11, 1990 (P.L.465, No.113), known as the Tax Increment Financing Act, further providing for definitions, for powers of authorities, for creation of tax increment districts and approval of project plans and for financing of project costs.

Plain-language summary

HB 359 is a bill introduced in the Pennsylvania House on January 27, 2025. According to its official title, it concerns: An Act amending the act of July 11, 1990 (P.L.465, No.113), known as the Tax Increment Financing Act, further providing for definitions, for powers of authorities, for creation of tax increment districts and approval of project plans and for financing of project costs. Primary sponsor: Lindsay Powell (Democratic). It lists 13 additional sponsors. Most recent recorded action (May 22, 2025): Referred to Community, Economic & Recreational Development.

Generated automatically from the official title, sponsor list, and status record only. It does not characterize the bill’s purpose or effects. How summaries are written