Dear Economic Development Stakeholders:
As a result of the rapidly evolving COVID-19 crisis, the world is a much different place than it was just a few short weeks ago. Accordingly, the Pennsylvania Economic Development Association (PEDA) understands this year’s legislative process will be unlike any we’ve seen in modern times. With uncertainty oftentimes being the only certainty, and as we all do our parts to limit the spread of this virus, PEDA has focused its advocacy efforts on securing the programs, funding and flexibility that will enable its members and partners to pave a path that will allow our business community to stabilize, recover and return to prosperity as quickly as possible.
However, House Bill 1822 was amended this week to potentially impact several economic development programs, including those of the Pennsylvania Industrial Development, Minority Business Development, the Ben Franklin Technology Development Authority and the PA Infrastructure Bank funds.
Please join us in contacting your state legislators, the Governor and local media to oppose this legislation and any other measures that strip us of the tools needed now more than ever to help the economy of Pennsylvania recover.
Michael Grigalonis Steve McKnight
Board Chairman Advocacy Committee Chair