New law to help volunteer fire companies borrow money

Written by Matt Paul and Radio Pennsylvania | Dec 25, 2013 5:00 AM
Thumbnail image for firefighters.jpg

(Harrisburg) -- Governor Corbett has signed legislation that will double the amount of money volunteer fire companies can borrow through the state’s Volunteer Loan Assistance Program.

State Senator Lisa Baker chairs the Veterans Affairs and Emergency Services Committee. The Luzerne County Republican says loan limits have remained frozen at inadequate levels for more than 40 years.

"Our firefighters have been sounding the alarm for years about their challenges. We must continue to work to answer their call," she said on the Senate floor.

"This is an important first step in that effort.”

Baker says a lack of money and equipment can have deadly consequences in the world of public safety.

She notes the loan fund is self-sustaining, so the increased limits will not require any additional tax dollars. The program’s default rate is zero.

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