SENATE AMENDED PRIOR PRINTER'S NO. 3077 PRINTER'S NO. 4051
No. 2354 Session of 1998
INTRODUCED BY BARLEY, MARCH 11, 1998
SENATOR TILGHMAN, APPROPRIATIONS, IN SENATE, AS AMENDED, NOVEMBER 9, 1998
AN ACT 1 Providing for the capital budget for the fiscal year 1998-1999. <-- 2 AMENDING THE ACT OF MAY 7, 1998 (P.L.343, NO.52), ENTITLED "AN <-- 3 ACT PROVIDING FOR THE CAPITAL BUDGET FOR THE FISCAL YEAR 4 1998-1999," INCREASING THE DEBT LIMITATION FOR PUBLIC 5 IMPROVEMENT PROJECTS. 6 The General Assembly of the Commonwealth of Pennsylvania 7 hereby enacts as follows: 8 Section 1. Short title and construction. <-- 9 (a) Short title.--This act shall be known and may be cited 10 as the Capital Budget Act of 1998-1999. 11 (b) Supplements.--A reference to this act shall be deemed to 12 include a reference to the supplements to this act. 13 (c) Fiscal Code.--The provisions and definitions of Article 14 XVI-B of the act of April 9, 1929 (P.L.343, No.176), known as 15 The Fiscal Code, shall apply to this act to the extent they are 16 not inconsistent with this act. 17 Section 2. Overall limitations on debt to be incurred for 18 capital projects.
1 The maximum principal amount of additional debt to be 2 incurred during the 1998-1999 fiscal year, and thereafter until 3 the enactment of the 1999-2000 capital budget specifying the 4 maximum debt for the 1999-2000 fiscal year, for capital projects 5 specifically itemized in a capital budget pursuant to section 6 7(a)(4) of Article VIII of the Constitution of Pennsylvania, and 7 the fund to be charged with the repayment of such debt, shall, 8 with respect to each category of capital projects, be as 9 follows: 10 Category Amount Fund 11 (1) Public Improvement 12 Projects: 13 (i) Buildings and General Fund or 14 Structures $400,000,000 Special Fund as 15 (ii) Furniture and applicable 16 Equipment 6,000,000 17 (2) Transportation 18 Assistance Projects 150,000,000 General Fund 19 (3) Redevelopment 20 Assistance Projects 70,000,000 General Fund 21 (4) Flood Control 22 Projects 12,000,000 General Fund 23 Total $638,000,000 24 Section 3. Effective date. 25 This act shall take effect July 1, 1998, or immediately, 26 whichever is later. 27 SECTION 1. SECTION 2 OF THE ACT OF MAY 7, 1998 (P.L.343, <-- 28 NO.52), KNOWN AS THE CAPITAL BUDGET ACT OF 1998-1999, IS AMENDED 29 TO READ: 30 SECTION 2. OVERALL LIMITATIONS ON DEBT TO BE INCURRED FOR 19980H2354B4051 - 2 -
1 CAPITAL PROJECTS. 2 THE MAXIMUM PRINCIPAL AMOUNT OF ADDITIONAL DEBT TO BE 3 INCURRED DURING THE 1998-1999 FISCAL YEAR, AND THEREAFTER UNTIL 4 THE ENACTMENT OF THE 1999-2000 CAPITAL BUDGET SPECIFYING THE 5 MAXIMUM DEBT FOR THE 1999-2000 FISCAL YEAR, FOR CAPITAL PROJECTS 6 SPECIFICALLY ITEMIZED IN A CAPITAL BUDGET PURSUANT TO SECTION 7 7(A)(4) OF ARTICLE VIII OF THE CONSTITUTION OF PENNSYLVANIA, AND 8 THE FUND TO BE CHARGED WITH THE REPAYMENT OF SUCH DEBT, SHALL, 9 WITH RESPECT TO EACH CATEGORY OF CAPITAL PROJECTS, BE AS 10 FOLLOWS: 11 CATEGORY AMOUNT FUND 12 (1) PUBLIC IMPROVEMENT 13 PROJECTS: 14 (I) BUILDINGS AND GENERAL FUND OR 15 [STRUCTURES $400,000,000] 16 STRUCTURES $670,000,000 SPECIAL FUND AS 17 (II) FURNITURE AND APPLICABLE 18 EQUIPMENT 6,000,000 19 (2) TRANSPORTATION 20 ASSISTANCE PROJECTS 150,000,000 GENERAL FUND 21 (3) REDEVELOPMENT 22 ASSISTANCE PROJECTS 70,000,000 GENERAL FUND 23 (4) FLOOD CONTROL 24 PROJECTS 12,000,000 GENERAL FUND 25 [TOTAL $638,000,000] 26 TOTAL $908,000,000 27 SECTION 2. THIS ACT SHALL TAKE EFFECT IMMEDIATELY. B13L72RZ/19980H2354B4051 - 3 -