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Penalty - 12 Pa. Cons. Stat. § 2107Legal Research Home > Pennsylvania Statutes
§ 2107. Penalty.
(a) Imposition.--Except as provided in subsection (b), the
department shall impose a penalty upon a recipient for any of
the following:
(1) Failing to create the number of jobs specified in
the recipient's application.
(2) Failing to inject the required amount of private
matching funds into the project.
(3) Failing to operate at the project site for a minimum
period of five years.
(b) Exception.--The department may waive the penalty
required by subsection (a) if the department determines that the
failure was due to circumstances outside the control of the
recipient.
(c) Amount.--The amount of the penalty shall be equal to the
full amount of the grant received plus an additional amount of
up to 10% of the amount of the grant received. The penalty shall
be payable in one lump sum or in installments, with or without
interest, as the department deems appropriate.
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Last modified: November 27, 2007 |