State Rep. Matt Gabler, R-DuBois, was among lawmakers who voted Wednesday to address debt associated with the state’s Redevelopment Assistance Capital Program.

House Bill 785 would create spending controls for new projects being financed by debt. RACP is a Commonwealth grant program administered by the Office of the Budget for the acquisition and construction of regional economic, cultural, civic and historical improvement projects with a focus on job creation.

“House Bill 785’s combination of spending controls and responsible debt management practices will significantly reduce our debt and debt service,” Gabler said. “This legislation becoming law would reduce the maximum amount of RACP debt which can be outstanding at any time and limit the amount of money that could be spent on public improvement projects and RACP projects that are financed by debt. It’s what state government should be doing as an effective steward of taxpayer dollars.”

House Bill 785 must still be approved by the Senate before being sent to Gov. Tom Wolf’s desk for his signature.