Section 7.336. Reallocations

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The unused portion of an allocation provided under § § 7.332—7.335 shall be reallocated by the Secretary of Commerce in cooperation with the Executive Director of the Housing Finance Agency in the manner provided by section 5(b) and (c) of the Tax-Exempt Bond Allocation Act (73 P. S. § 397.5(b) and (c)). Reallocations under section 5(b)(1)(ii) of the Tax-Exempt Bond Allocation Act may be made to an eligible project or use provided by § § 7.332—7.335.

The provisions of this § 7.336 adopted by Executive Order 1987-1, dated January 7, 1987, effective January 1, 1987, 17 Pa.B. 240; corrected February 6, 1987, 17 Pa.B. 626.

Notation

Cross References

This section cited in 12 Pa. Code § 63.2 (relating to provisions of the Tax-Exempt Bond Allocation Act suspended).

                    
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