Pennsylvania 2023-2024 Regular Session

Pennsylvania House Bill HB842

Introduced
4/10/23  
Refer
4/10/23  
Refer
10/31/23  
Report Pass
11/13/23  
Engrossed
11/13/23  

Caption

Providing for mandatory provisions to prevent misuse of State grants or loans.

Impact

The impact of HB 842 on state laws will involve enhancing oversight mechanisms for state-funded projects and initiatives. By instituting mandatory measures to prevent misuse, the bill seeks to reinforce existing financial regulations and promote good governance. This could lead to more stringent compliance requirements for organizations and entities that receive state funding, as they will be obligated to demonstrate transparency and proper use of the financial resources provided.

Summary

House Bill 842 focuses on implementing mandatory provisions aimed at preventing the misuse of state grants or loans. This legislation is designed to create stricter regulations and controls over how state funds are allocated and utilized, targeting potential financial misconduct and ensuring that resources are used effectively for their intended purposes. The initiative underscores the necessity for increased accountability in managing state funding to prevent waste and fraud.

Sentiment

The general sentiment around HB 842 appears to be positive among legislators concerned with fiscal responsibility and transparency. Many supporters view the bill as a vital step towards ensuring that taxpayer money is not misused, reflecting a commitment to improving the management of state resources. However, there may be some apprehension regarding the implementation of the bill's provisions and the potential burden it could place on recipients of state grants and loans, particularly smaller entities who may struggle with compliance.

Contention

While the bill has garnered support for its intention to prevent financial misconduct, there are worries about the potential for increased bureaucracy and complexity in the grant and loan application processes. Critics may argue that overly stringent regulations could discourage organizations from seeking necessary funding. Thus, the debate may center on finding a balance between adequate oversight and keeping the process accessible and feasible for those who depend on state funding.

Companion Bills

No companion bills found.

Previously Filed As

PA SB782

Further providing for grants and loans; providing for industrial sites cleanup financial assistance; making an interfund transfer; providing for transitional provisions; and making a repeal.

PA HB744

Further providing for definitions, for creation of program, for incubator grants, loans and loan guarantees and for responsibilities of local sponsors; repealing provisions relating to challenge grants for seed capital funds; further providing for general powers and duties of the board and for indicators of program impact; providing for funding sources; repealing provisions relating to time limit on approvals; and making a repeal.

PA SB1150

In the State System of Higher Education, further providing for definitions and providing for Grow Pennsylvania Merit Scholarship Program; providing for institutions of higher education, for Grow Pennsylvania Scholarship Grant Program and for intercollegiate athletics; in ready-to-succeed scholarship, further providing for agency; and making a repeal.

PA AB332

Revises provisions relating to student education loans. (BDR 55-162)

PA HB1579

Providing for Commonwealth grant accountability and transparency.

PA AB1388

Forestry: forest health: fire prevention: grants: funding.

PA HB1539

Providing for miscellaneous provisions relating to recovery audits.

PA SSB1123

A bill for an act relating to the organization, structure, and functions of state government, providing for salaries of appointed state officers, providing for confirmation of appointments, providing for penalties, making appropriations, providing Code editor directives and transition provisions, and including applicability and effective date provisions.(See SF 514.)

PA SB845

In preliminary provisions, providing for prevention of electric shock, electrocution or injuries to users of marinas and docks.

PA SB790

Dreissenid mussel infestation prevention: grants.

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