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Current as of January 01, 2025 | Updated by Findlaw Staff
The following words and phrases when used in this chapter shall have the meanings given to them in this section unless the context clearly indicates otherwise:
“Applicant.” A person that applies for a grant in accordance with this chapter.
“Developer.” A person that has as a purpose the promotion or construction of economic development projects and that is engaged in the development of real estate for use by more than one person.
“Eligible recipient.” Any of the following persons:
(1) A municipality.
(2) An entity created under the act of August 23, 1967 (P.L. 251, No. 102), 1 known as the Economic Development Financing Law.
(3) An entity certified as an industrial development agency under the act of May 17, 1956 (1955 P.L. 1609, No. 537), 2 known as the Pennsylvania Industrial Development Authority Act.
(4) An entity created under 53 Pa.C.S. Ch. 56 (relating to municipal authorities) or under the former act of May 2, 1945 (P.L. 382, No. 164), known as the Municipality Authorities Act of 1945.
(5) An entity created under the act of May 24, 1945 (P.L. 991, No. 385), 3 known as the Urban Redevelopment Law.
(6) A developer.
(7) A person that is engaged in any of the following activities:
(i) The production or processing of farm commodities.
(ii) Manufacturing.
(iii) Research and development.
(iv) Export services.
(v) Any other activity which offers a significant economic impact on the Commonwealth, as determined by the department.
“Eligible use.” Any of the following activities:
(1) Job training.
(2) The acquisition of interest in land, buildings or rights-of-way.
(3) The construction or rehabilitation of buildings.
(4) The construction or rehabilitation of infrastructure.
(5) The purchase or upgrading of machinery and equipment.
(6) Working capital.
(7) Site preparation, including demolition and clearance.
(8) Environmental assessments.
(9) Remediation of hazardous material.
(10) Architectural and engineering fees up to 10% of the award.
“Job-creating economic development.” Includes the expansion or preservation of existing industry.
“Program.” The Opportunity Grant Program established in section 2103 (relating to establishment.)
“Project.” An activity conducted in this Commonwealth.
“Recipient.” A person who receives a grant under this chapter.
Cite this article: FindLaw.com - Pennsylvania Statutes Title 12 Pa.C.S.A. Commerce and Trade § 2102. Definitions - last updated January 01, 2025 | https://codes.findlaw.com/pa/title-12-pacsa-commerce-and-trade/pa-csa-sect-12-2102/
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 before relying on it for your legal needs.
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