PRINTER'S NO.  1190

  

THE GENERAL ASSEMBLY OF PENNSYLVANIA

  

SENATE BILL

 

No.

1054

Session of

2011

  

  

INTRODUCED BY CORMAN, MAY 10, 2011

  

  

REFERRED TO APPROPRIATIONS, MAY 10, 2011  

  

  

  

AN ACT

  

1

Providing for the capital budget for the fiscal year 2011-2012.

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The General Assembly of the Commonwealth of Pennsylvania

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hereby enacts as follows:

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Section 1.  Short title.

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This act shall be known and may be cited as the Capital

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Budget Act of 2011-2012.

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Section 2.  Overall limitations on debt to be incurred for

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capital projects.

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The maximum principal amount of additional debt to be

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incurred during the 2011-2012 fiscal year, and thereafter until

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the enactment of the 2012-2013 capital budget specifying the

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maximum debt for the 2012-2013 fiscal year, for capital projects

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specifically itemized in a capital budget pursuant to section

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7(a)(4) of Article VIII of the Constitution of Pennsylvania, and

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the fund to be charged with the repayment of such debt, shall,

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with respect to each category of capital projects, be as

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follows:

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Category

Amount

Fund

 


1

2

(1)  Public Improvement

Projects:

  

  

3

4

5

(i)  Buildings and

structures

  

  

$935,000,000

General Fund or Special Fund as applicable

6

7

8

(2)  Furniture and

equipment

  

  

10,000,000

General Fund or Special Fund as applicable

9

10

(3)  Transportation

assistance projects

  

212,000,000

  

General Fund

11

12

(4)  Redevelopment

assistance projects

  

270,000,000

  

General Fund

13

14

(5)  Flood control

projects

  

35,000,000

  

General Fund

15

16

(6)  Bridge projects

  

  

200,000,000

General Fund or Motor License Fund

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TOTAL

$1,662,000,000

  

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Section 3.  Effective date.

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This act shall take effect July 1, 2011, or immediately,

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whichever is later.

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