§ 73.12. Job creation requirements.
The Authority may establish minimum levels of job creation for its loans, or a requirement that one new job be created for a certain amount of funds loaned, which shall be known as the PIDA cost per job. In establishing a PIDA cost per job the Authority will consider unemployment statistics, inflation, the Authority’s cash flow and the need to keep the Commonwealth and its businesses competitive. Notice of job creation requirements will be published as a notice in the Pennsylvania Bulletin at the same time notice of the establishment of interest rates is published under authority of § 73.13 (relating to interest rates).
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