Shusterman’s Second Stage Loan Program bill passes House

H.B. 922 passes by 119-82 vote margin

HARRISBURG, May 25 – State Rep. Melissa Shusterman, D-Chester, is celebrating House approval of H.B. 922.

House Bill 922 would modernize the Second Stage Loan Program, which provides assistance to businesses in the life sciences, advanced technology and manufacturing industries.  

“Our world is constantly changing. This commonwealth has seen many businesses come and go over its history, and if we want be competitive and welcome the next wave of businesses here, we will need to modernize our resources for them,” Shusterman said. “By modernizing this program, we not only assist second stage manufacturers and similar businesses, but we also create more jobs for Pennsylvanians.

“I am proud to be a part of a legislature that wants to see our state economy flourish, our local businesses grow, and to see more sustainable jobs created and remain here in the Commonwealth,” Shusterman said.  

The bill now heads to the Senate for consideration.