NOTICES
OFFICE OF THE STATE FIRE COMMISSIONER
Inflation Adjustment for the Fire and Emergency Medical Service Loan Program
[54 Pa.B. 4408]
[Saturday, July 27, 2024]This notice provides information about the Fire and Emergency Medical Service Loan Program (Program) established under 35 Pa.C.S. Chapter 73, Subchapter E (relating to Fire and Emergency Medical Services Loan Program) as amended by the act of October 29, 2020 (P.L. 739, No. 91). The loan limits are to be adjusted biannually at the rate of inflation as outlined in the Consumer Price Index for All Urban Consumers for the Philadelphia-Camden-Wilmington, PA-NJ-DE-MD area for the most recent 12-month period for which the figures have been reported by the United States Department of Labor, Bureau of Labor Statistics. In accordance with 35 Pa.C.S. § 7364(b.1) (relating to assistance to fire companies and EMS companies) loan limits are increased by 3.6% from the previously published loan limits.
New Lending Limits and Repayment Terms—VLAP Loans
Maximum Loan Maximum Term Payment Facility $573,944 or 50% (whichever is less) 20 years $2,903.49/month Aerial Apparatus $446,413 or 50% (whichever is less) 20 years $2,258.33/month Heavy Duty Rescue
(GVWR 14,700+ lb.)$318,881 or 50% (whichever is less) 20 years $1,613.17/month Apparatus (New)* $318,881 or 50% (whichever is less) 20 years $1,613.17/month Apparatus (Used)ˆ $255,064 or 80% (whichever is less) 15 years $1,641.36/month Ambulance~ $159,441 or 50% (whichever is less) 15 years $1,026.02/month Light Duty Rescue $159,441 or 50% (whichever is less) 15 years $1,026.02/month Watercraft Rescue~ $44,652 or 50% (whichever is less) 10 years $410.86/month Rehabilitation $102,046 or 80% (whichever is less) 15 years $656.67/month PennFIRS $5,180 or 50% (whichever is less) 10 years $47.66/month Equipment $31,909 (once per 5-year period) 10 years $293.61/month *Pumpers/Tankers/Utility/Special Service Vehicles
ˆIncluding Used Heavy Duty and Light Duty Rescue
~New and Used
New apparatus/ambulance/rescue vehicle manufactured or assembled in this Commonwealth: $20,000 may be added to the previously listed limits. Certification is required from the manufacturer that 75% of the total cost results from the vehicle being manufactured in this Commonwealth.
Summary by Amount
Less than $50,000 — 10 Years Above $50,000—$300,000 — 15 Years Above $300,000 — 20 Years (Minimum Loan is $3,000) Loans are at 2% interest per annum (Effective 7/1/2024) THOMAS COOK,
Commissioner
[Pa.B. Doc. No. 24-1065. Filed for public inspection July 26, 2024, 9:00 a.m.]
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