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.

PRIOR PRINTER'S NO.

917 THEPRINTER'S GENERALNO. ASSEMBLY OF PENNSYLVANIA HOUSE BILL Session of No.

8771125 2025THE INTRODUCEDGENERAL BYASSEMBLY SOLOMON,OF DOUGHERTY,PENNSYLVANIA BELLMON,HOUSE WHITE,BILL NEILSON,Session 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 Amending the act of JuneNo. 29, 1996 (P.L.434, No.67), entitled "An providing for an annual financing strategy, for opportunity grants, for job creation tax credits, for small business assistance, for the Small Business Advocacy Council, for a family savings program, for industrial development assistance, for community development bank grants and loans and for tax-exempt bond allocation;

877 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 AS REPORTED FROM COMMITTEE ON VETERANS AFFAIRS AND EMERGENCY PREPAREDNESS, HOUSE OF REPRESENTATIVES, AS AMENDED, MARCH 25, 2025 AN ACT Ameact to enhance job creation and economic development byed "An providing for an annual financing strategy, for opportunity grants, for job creation tax credits, for small business assistance, for the Small Business Advocacy Council, for a family savings program, for industrial development assistance, for community development bank grants and loans and for tax-exempt bond allocation;

and making repeals," in Community Development Bank Grant and Loan Program, further providing for definitions and providing for financial assistance to air ambulance crash impacted businesses.

Section 2501 of the act of June 29, 1996 (P.L.434, No.67), known as the Job Enhancement Act, is amended by adding a definition DEFINITIONS to read:

<-- Section 2501.

* * * "COMMITTEE." THE OPERATIONAL COMMITTEE ESTABLISHED UNDER <-- SECTION 2503.

TheWITHIN report180 shallDAYS includeOF the<-- amountTHE ofIMPLEMENTATION moneyOF allocatedTHE toAIR theAMBULANCE airCRASH ambulanceGRANT crashAND grantLOAN andPROGRAMS. loan programs under this section, the name and location of community development financial institutions accredited by the department and the number of grants and loans disbursed to air ambulance crash impacted businesses.

(d)The Prohibitionreport onshall issuance.--Theinclude authoritythe mayamount notof awardmoney aallocated to the air ambulance crash grant orand loan programs under this sectionsection, laterthe thanname fiveand yearslocation afterof community development 20250HB0877PN1125 - 2 - financial institutions accredited by the effectivedepartment dateand the number of thisgrants section.and loans disbursed to air ambulance crash impacted businesses.

20250HB0877PN0917(D) -STUDY.--THE 2JOINT -STATE SectionGOVERNMENT 3.COMMISSION SHALL <-- CONDUCT, IN CONSULTATION WITH THE AUTHORITY AND COMMITTEE, A COMPREHENSIVE STUDY AND ISSUE A REPORT ON PROVIDING GRANTS TO SMALL BUSINESSES IN EMERGENCY SITUATIONS WITHIN 180 DAYS OF THE IMPLEMENTATION OF THE AIR AMBULANCE CRASH GRANT AND LOAN PROGRAMS.

THE STUDY SHALL:

(1) EXAMINE ECONOMIC RECOVERY APPROACHES FOR SMALL BUSINESSES IN OTHER STATES AFTER AN EMERGENCY SITUATION.

(2) IDENTIFY THE BEST PRACTICES FOR ECONOMIC REDEVELOPMENT OF A SMALL BUSINESS AFTER AN EMERGENCY SITUATION.

(d) (E) Prohibition on issuance.--The authority may not <-- award a grant or loan under this section later than five years after the effective date of this section.

Section 3.

20250HB0877PN091720250HB0877PN1125 - 3 -