An Act amending the act of March 4, 1971 (P.L.6, No.2), known as the Tax Reform Code of 1971, in neighborhood improvement zones, providing for contracting authority membership and further providing for confidentiality.
What changed between versions
Created a new section establishing a nine-member Board of Directors for the Contracting Authority, with members appointed by the mayor and specific state representatives.
Defined the term lengths for board members (ranging from three to five years) and established that terms expire after five years unless reappointed.
Stated that board members serve without compensation and are subject to the Public Official and Employee Ethics Law.
Specified that current employees of the General Assembly or the Commonwealth are ineligible for board appointment.
Added a transition clause allowing the new authority to complete activities initiated by the previous authority within 30 days of the effective date.
Updated the effective date section to reflect the new section numbering and included a typo correction in the section header.