PRINTER'S NO. 2439
No. 1860 Session of 2007
INTRODUCED BY TURZAI, CLYMER, CREIGHTON, DENLINGER, EVERETT, FLECK, FRANKEL, HANNA, HARRIS, HELM, HERSHEY, HORNAMAN, MAHONEY, MARKOSEK, METCALFE, R. MILLER, MILNE, MURT, MUSTIO, READSHAW, REED, ROAE, RUBLEY, SAYLOR, M. SMITH, TRUE AND VULAKOVICH, SEPTEMBER 11, 2007
REFERRED TO COMMITTEE ON FINANCE, SEPTEMBER 11, 2007
AN ACT 1 Amending the act of April 6, 1956 (1955 P.L.1414, No.465), 2 entitled, as amended, "An act to promote the welfare of the 3 people of this Commonwealth; creating Port Authorities to 4 function in counties of the second class as bodies corporate 5 and politic, with power to plan, acquire, construct, maintain 6 and operate facilities and projects for the improvement and 7 development of the port district and to borrow money and 8 issue bonds therefor; providing for the payment of such bonds 9 and prescribing the rights of the holders thereof; conferring 10 the right of eminent domain on the authorities; authorizing 11 the authorities to enter into contracts with and to accept 12 grants from the Federal government or any agency thereof; and 13 conferring exclusive jurisdiction on certain courts over 14 rates and services; and authorizing the authorities to 15 collect tolls, fares, fees, rentals and charges for the use 16 of facilities; defining the authorities' powers and duties, 17 and defining the port districts; granting Port Authorities 18 the exclusive right to engage in the business of owning, 19 operating, and maintaining a transportation system for the 20 transportation of persons in counties of the second class, 21 providing, when necessary, for extension of transportation 22 systems into adjoining counties and outside of said counties 23 as provided in the act; limiting the jurisdiction of the 24 Public Utility Commission over Port Authorities; authorizing 25 municipalities to make loans and grants and to transfer 26 existing facilities; authorizing Port Authorities to enter 27 into contracts with and to accept grants from State and local 28 governments or agencies thereof; exempting the property and 29 facilities of such Port Authorities from taxation and 30 limiting the time to commence civil action against said 31 Authorities," further providing for powers and duties of
1 authorities. 2 The General Assembly of the Commonwealth of Pennsylvania 3 hereby enacts as follows: 4 Section 1. Section 3(b)(17) of the act of April 6, 1956 5 (1955 P.L.1414, No.465), known as the Second Class County Port 6 Authority Act, amended October 7, 1959 (P.L.1266, No.429), is 7 amended to read: 8 Section 3. * * * 9 (b) Each authority is hereby granted and shall have and may 10 exercise all powers necessary or convenient for the carrying out 11 of the aforesaid purposes, including but without limiting the 12 generality of the foregoing, the following rights or powers: 13 * * * 14 (17) To enter into contracts of group insurance for the 15 benefit of its employes, or to continue in existence any 16 existing insurance and/or pension or retirement system and/or 17 any other employe benefit arrangement covering employes of an 18 acquired existing transportation system, and/or to set up a 19 retirement or pension fund or any other employe benefit 20 arrangement for such employes. This clause does not authorize a 21 plan for a pension or retirement system under which an eligible 22 member of the system is entitled to elect to participate in the 23 system, defer receipt of system benefits and continue employment 24 with the authority. 25 * * * 26 Section 2. The amendment of section 3(b)(17) of the act 27 shall apply to pension and retirement systems initiated on or 28 after the effective date of this section. 29 Section 3. This act shall take effect in 60 days. G13L64VDL/20070H1860B2439 - 2 -