PRINTER'S NO. 211
No. 187 Session of 2003
INTRODUCED BY BOSCOLA, MUSTO, LEMMOND AND SCHWARTZ,
FEBRUARY 6, 2003
REFERRED TO TRANSPORTATION, FEBRUARY 6, 2003
AN ACT
1 Amending the act of June 25, 1931 (P.L.1352, No.332), entitled
2 "An act providing for joint action by the Commonwealth of
3 Pennsylvania and the State of New Jersey in the
4 administration, operation, and maintenance of bridges over
5 the Delaware River, and for the construction of additional
6 bridge facilities across said river; authorizing the
7 Governor, for these purposes, to enter into an agreement with
8 the State of New Jersey; creating a Delaware River Joint Toll
9 Bridge Commission and specifying the powers and duties
10 thereof, including the power to finance the construction of
11 additional bridges by the issuance of revenue bonds to be
12 redeemed from revenues derived from tolls collected at such
13 bridges; transferring to said commission all powers now
14 exercised by existing commission created to acquire toll
15 bridges over the Delaware River; and making an
16 appropriation," further providing for reports and audits.
17 The General Assembly of the Commonwealth of Pennsylvania
18 hereby enacts as follows:
19 Section 1. Article IX of section 1 of the act of June 25,
20 1931 (P.L.1352, No.332), referred to as the Delaware River Joint
21 Toll Bridge Compact, amended July 11, 1996 (P.L.556, No.99), is
22 amended to read:
23 ARTICLE IX
24 The commission shall make annual reports to the Governors and
1 Legislatures of the Commonwealth of Pennsylvania and the State
2 of New Jersey setting forth in detail its operations and
3 transactions, and may make such additional reports from time to
4 time to the Governors and Legislatures, as it may deem
5 advisable.
6 The commission shall submit [biennially to a performance
7 audit] to annual financial and management audits jointly
8 conducted by the Auditor General of Pennsylvania and the State
9 Auditor of New Jersey, which shall include expenditures and
10 operations of the commission. These auditors shall complete the
11 performance audit and prepare a joint report by December 31 of
12 every odd-numbered year, with the first audit and report to be
13 completed by December 31, 1997. A report of those audits shall
14 be submitted to the Governors and Legislatures of the
15 Commonwealth of Pennsylvania and the State of New Jersey and to
16 the Delaware River Joint Toll Bridge Commission.
17 An annual financial audit shall be conducted at the expense
18 of the commission by an independent accounting firm in
19 accordance with generally accepted accounting principles. A
20 written report of each audit shall be submitted to the
21 commission and shall be retained by the commission for at least
22 five years.
23 Section 2. This act shall take effect in 60 days.
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