{"data":{"id":"us-pa/64-pa.c.s.-1544","jurisdiction":"us-pa","citation":"64 Pa.C.S. § 1544","heading":"Use.","body":"(a) General rule.--Money of the authority shall be used by the board to fund the programs established in Subchapter E (relating to programs) and in 12 Pa.C.S. Ch. 29 (relating to machinery and equipment loans).\n(b) Transfer.--By December 31, 2006, the authority shall transfer in the aggregate $75,000,000 to the department for deposit in the account created by 12 Pa.C.S. § 2904 (relating to Machinery and Equipment Loan Fund).\n(c) Administrative expenses.--The authority may use moneys, including the proceeds of bonds, to pay the administrative expenses of the authority and of the department incurred under this chapter.","path":["Title 64 - PUBLIC AUTHORITIES AND QUASI-PUBLIC CORPORATIONS","PART II ECONOMIC DEVELOPMENT FINANCING","CHAPTER 15 COMMONWEALTH FINANCING AUTHORITY","SUBCHAPTER D ACCOUNTS, INDEBTEDNESS AND USE"],"source_url":"https://www.palegis.us/statutes/consolidated/view-statute?txtType=HTM\u0026ttl=64\u0026div=0\u0026chpt=15\u0026sctn=44\u0026subsctn=0","current_through":"2024-09-13 (Statute Update stamp, 64 Pa.C.S.)","vintage":"","retrieved_at":"2026-09-02T16:34:53Z","sha256":"ee027ab255ef69dd9c290fd5e2e2733f22b4c51c5496abf08f8c9867be961e83","source_id":"us-pa","stale":false,"prev":"us-pa/64-pa.c.s.-1543","next":"us-pa/64-pa.c.s.-1551"},"notice":"GroundRules: Original legal text. Not legal advice."}