NOTICES

OFFICE OF THE STATE FIRE COMMISSIONER

Inflation Adjustment for the Fire and Emergency Medical Service Loan Program

[54 Pa.B. 2047]
[Saturday, April 13, 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 13.98% from the previously published loan limits which is comprised of a 6.4% increase in December of 2022, a 3.1% increase in June of 2023, and a 3.9% increase in December of 2023.

New Lending Limits and Repayment Terms—VLAP Loans

	Maximum Loan	Maximum Term	Payment
Facility	$554,000 or 50% (whichever is less)	20 years	$2,802.59/month
Aerial Apparatus	$430,900 or 50% (whichever is less)	20 years	$2,179.85/month
Heavy Duty Rescue (GVWR 14,700+ lb.)	$307,800 or 50% (whichever is less)	20 years	$1,557.11/month
Apparatus (New)*	$307,800 or 50% (whichever is less)	20 years	$1,557.11/month
Apparatus (Used)ˆ	$246,200 or 80% (whichever is less)	15 years	$1,584.32/month
Ambulance~	$153,900 or 50% (whichever is less)	15 years	$990.36/month
Light Duty Rescue	$153,900 or 50% (whichever is less)	15 years	$990.36/month
Watercraft Rescue~	$43,100 or 50% (whichever is less)	10 years	$396.58/month
Rehabilitation	$98,500 or 80% (whichever is less)	15 years	$633.86/month
PennFIRS	$5,000 or 50% (whichever is less)	10 years	$46.01/month
Equipment	$30,800 (once per 5-year period)	10 years	$283.40/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 4/2024)

THOMAS COOK, 
Commissioner

[Pa.B. Doc. No. 24-528. Filed for public inspection April 12, 2024, 9:00 a.m.]

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