Wednesday, May 14, 2008
House Bill 2353 or the "Business in Our Sites" program has been passed by the State House and moved to the State Senate where it awaits approval. The bill would increase spending by 100 million dollars. Representative Vince Biancucci, who sponsors the bill, says the program has improved the state economy. The program encourages redevelopment of current brownfield sites by providing grants to interested businesses. Biancucci says 27 firms are currently waiting for a decision on their grant requests. He believes Governor Ed Rendell would sign the bill because the "Business in our Sites" program was part of his initial economic stimulus package.