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PA Bulletin, Doc. No. 24-1065

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 LoanMaximum TermPayment
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 $50,00010 Years
Above $50,000—$300,000 15 Years
Above $300,00020 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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