Pennsylvania SB 673: An Act amending the act of April 9, 1929 (P.L.343, No.176), known as The Fiscal Code, in fiscal supplements to statutory programs, establishing a tracking system for publicly financed housing.

Bill Text

PRINTER'S NO. 680
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No. 673
Session of
2025
INTRODUCED BY HUGHES, SAVAL, KIM, SCHWANK, COMITTA, KEARNEY,
TARTAGLIONE, COSTA, KANE, MILLER, STREET AND HAYWOOD,
APRIL 28, 2025
REFERRED TO URBAN AFFAIRS AND HOUSING, APRIL 28, 2025
AN ACT
Amending the act of April 9, 1929 (P.L.343, No.176), entitled
"An act relating to the finances of the State government;
providing for cancer control, prevention and research, for
ambulatory surgical center data collection, for the Joint
Underwriting Association, for entertainment business
financial management firms, for private dam financial
assurance and for reinstatement of item vetoes; providing for
the settlement, assessment, collection, and lien of taxes,
bonus, and all other accounts due the Commonwealth, the
collection and recovery of fees and other money or property
due or belonging to the Commonwealth, or any agency thereof,
including escheated property and the proceeds of its sale,
the custody and disbursement or other disposition of funds
and securities belonging to or in the possession of the
Commonwealth, and the settlement of claims against the
Commonwealth, the resettlement of accounts and appeals to the
courts, refunds of moneys erroneously paid to the
Commonwealth, auditing the accounts of the Commonwealth and
all agencies thereof, of all public officers collecting
moneys payable to the Commonwealth, or any agency thereof,
and all receipts of appropriations from the Commonwealth,
authorizing the Commonwealth to issue tax anticipation notes
to defray current expenses, implementing the provisions of
section 7(a) of Article VIII of the Constitution of
Pennsylvania authorizing and restricting the incurring of
certain debt and imposing penalties; affecting every
department, board, commission, and officer of the State
government, every political subdivision of the State, and
certain officers of such subdivisions, every person,
association, and corporation required to pay, assess, or
collect taxes, or to make returns or reports under the laws
imposing taxes for State purposes, or to pay license fees or
other moneys to the Commonwealth, or any agency thereof,
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33

every State depository and every debtor or creditor of the
Commonwealth," in fiscal supplements to statutory programs,
establishing a tracking system for publicly financed housing.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Article LXXX of the act of April 9, 1929
(P.L.343, No.176), known as The Fiscal Code, is amended by
adding a subarticle to read:
SUBARTICLE F
HOUSING
Section 8051. Tracking system for publicly financed housing.
(a) Establishment.--Within one year of the effective date of
this subsection, the agency shall post to its publicly
accessible Internet website a searchable database of all
publicly financed housing subject to one or more public
assistance programs administered by the agency. To the extent
available and permitted by Federal law or regulation, the
database shall include all of the following:
(1) The address of the property.
(2) The anticipated date on which the affordability
restrictions affecting the property may terminate. In the
event that a property is subject to multiple affordability
restrictions under one or more public assistance programs,
the anticipated termination date for each affordability
restriction shall be included.
(3) Information as to whether the public assistance
program or programs affecting the property allow the owner to
elect to keep the property in the program or programs after
the anticipated termination date of affordability
restrictions relating to the program or programs.
(4) Information regarding whether the property has been
20250SB0673PN0680 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31

granted an extension or modification of the affordability
restrictions affecting the property and the new anticipated
termination date of the affordability restrictions resulting
from the extension or modification.
(5) Any other information that the agency deems
relevant.
(b) Maintenance.--The agency shall maintain the database
required under subsection (a) and update the contents, including
any updates provided by a local housing agency under subsection
(d), no later than December 31, 2026, and each December 31
thereafter.
(c) Reports.--By December 31 in each year following the
implementation of the tracking system established under
subsection (a), the agency shall submit the following reports to
the Governor and the General Assembly:
(1) For each publicly financed housing property that has
or shall terminate in or before the end of the calendar year
in which the report is due, the aggregate number of the
terminated or terminating properties in this Commonwealth.
(2) For each publicly financed housing property that is
anticipated to terminate