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ARTICLE · 13 JULY 2010

Pennsylvania Adopts Legislation Granting Automatic Extension to Development Approvals

Duane Morris LLP
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On July 6, 2010, Pa. Gov. Ed Rendell signed into law Senate Bill 1042, which, among other items, grants an automatic extension to most development approvals and permits.

United StatesReal Estate and Construction
George Kroculick
George Kroculick
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On July 6, 2010, Pa. Gov. Ed Rendell signed into law Senate Bill 1042, which, among other items, grants an automatic extension to most development approvals and permits. The new law provides that the expiration date for an approval granted by a government agency on or after January 1, 2009, shall be automatically suspended until July 1, 2013.

This legislation is intended to give residential and commercial developers in Pennsylvania reprieve from the current economic recession. Mainly, the act will allow developers additional time to preserve their projects with minimal cost until the economy recovers and development financing loosens. Many developers have projects in the pipeline that have been placed on hold due to the current economic climate. Without this legislation, such developers, who likely spent large sums of money securing the development permits, would be faced with having to spend additional money hoping to secure extension of their existing approvals

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