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Current as of January 01, 2022 | Updated by FindLaw Staff
The General Assembly shall not authorize any municipality or incorporated district to become a stockholder in any company, association or corporation, or to obtain or appropriate money for, or to loan its credit to, any corporation, association, institution or individual. The General Assembly may provide standards by which municipalities or school districts may give financial assistance or lease property to public service, industrial or commercial enterprises if it shall find that such assistance or leasing is necessary to the health, safety or welfare of the Commonwealth or any municipality or school district. Existing authority of any municipality or incorporated district to obtain or appropriate money for, or to loan its credit to, any corporation, association, institution or individual, is preserved.
Cite this article: FindLaw.com - Constitution of the Commonwealth of Pennsylvania Art. IX, § 9. Appropriation for public purposes - last updated January 01, 2022 | https://codes.findlaw.com/pa/constitution-of-the-commonwealth-of-pennsylvania/pa-const-art-9-sect-9/
FindLaw Codes may not reflect the most recent version of the law in your jurisdiction. Please verify the status of the code you are researching with the state legislature or via Westlaw before relying on it for your legal needs.
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