PRINTER'S NO. 896
No. 793 Session of 1975
INTRODUCED BY BONETTO, KOLTER, MANDERINO, ARTHURS, VANN, BRUNNER, SCHMITT, LAUDADIO, VALICENTI, A. K. HUTCHINSON, PETRARCA, MISCEVICH, SIRIANNI, DOMBROWSKI, LAUGHLIN, DININNI, WHELAN, W. W. WILT AND ANDERSON, MARCH 18, 1975
REFERRED TO COMMITTEE ON TRANSPORTATION, MARCH 19, 1975
AN ACT 1 Amending the act of August 14, 1951 (P.L.1232, No.282), entitled 2 "An act authorizing and empowering the Pennsylvania Turnpike 3 Commission to combine the turnpike and its extensions now 4 constructed and to be constructed or parts thereof, for 5 financing purposes under the provisions of this act; 6 authorizing the issuance of turnpike revenue bonds of the 7 Commonwealth, notes or other obligations, to pay the cost of 8 such combined turnpike and its extensions; authorizing the 9 commission to refund any bonds, notes or other obligations 10 theretofore issued by the commission under the provisions of 11 any act, including the payment of any redemption premium 12 thereon, notwithstanding any limitations or restrictions as 13 to time of refunding or rate of interest contained in any act 14 heretofore approved, whether or not any of the projects in 15 respect of which such securities being refunded were issued 16 are combined; authorizing the commission to fix tolls from 17 time to time for the use of the projects so combined; 18 authorizing the commission to construct and finance as a 19 whole or in sections; providing for preliminary or interim 20 financing through the issuance of notes or other obligations, 21 constituting the same legal investments in certain instances, 22 and exempting the same from taxation; providing for bonds to 23 be given by each appointed member of the commission and the 24 secretary and treasurer thereof, conditioned upon the 25 faithful performance of the duties of his office in the 26 administration of the Pennsylvania Turnpike System; and 27 providing for salaries for the appointed members of the 28 commission in lieu of the salaries heretofore authorized by 29 law," increasing salaries. 30 The General Assembly of the Commonwealth of Pennsylvania
1 hereby enacts as follows: 2 Section 1. Section 6, act of August 14, 1951 (P.L.1232, 3 No.282), entitled "An act authorizing and empowering the 4 Pennsylvania Turnpike Commission to combine the turnpike and its 5 extensions now constructed and to be constructed or parts 6 thereof, for financing purposes under the provisions of this 7 act; authorizing the issuance of turnpike revenue bonds of the 8 Commonwealth, notes or other obligations, to pay the cost of 9 such combined turnpike and its extensions; authorizing the 10 commission to refund any bonds, notes or other obligations 11 theretofore issued by the commission under the provisions of any 12 act, including the payment of any redemption premium thereon, 13 notwithstanding any limitations or restrictions as to time of 14 refunding or rate of interest contained in any act heretofore 15 approved, whether or not any of the projects in respect of which 16 such securities being refunded were issued are combined; 17 authorizing the commission to fix tolls from time to time for 18 the use of the projects so combined; authorizing the commission 19 to construct and finance as a whole or in sections; providing 20 for preliminary or interim financing through the issuance of 21 notes or other obligations, constituting the same legal 22 investments in certain instances, and exempting the same from 23 taxation; providing for bonds to be given by each appointed 24 member of the commission and the secretary and treasurer 25 thereof, conditioned upon the faithful performance of the duties 26 of his office in the administration of the Pennsylvania Turnpike 27 System; and providing for salaries for the appointed members of 28 the commission in lieu of the salaries heretofore authorized by 29 law," amended in effect by act of September 2, 1961 (P.L.1177, 30 No.525), amended February 8, 1972 (P.L.21, No.10), is reenacted 19750H0793B0896 - 2 -
1 and amended to read: 2 Section 6. By reason of the increased duties and 3 responsibilities imposed upon the commission and in lieu of the 4 salaries heretofore authorized by law, the chairman of the 5 commission shall receive an annual salary of [seventeen thousand 6 dollars ($17,000) and the other appointed members of the 7 commission shall each receive an annual salary of fifteen 8 thousand dollars ($15,000)] twenty-five thousand dollars 9 ($25,000), the vice-chairman of the commission shall receive an 10 annual salary of twenty-four thousand dollars ($24,000), the 11 secretary and treasurer of the commission shall receive an 12 annual salary of twenty-four thousand dollars ($24,000), and the 13 assistant treasurer of the commission shall receive an annual 14 salary of twenty-four thousand dollars ($24,000); payable in 15 semi-monthly installments, solely from funds derived from the 16 Pennsylvania Turnpike System; and each member of the commission 17 shall be reimbursed for the necessary expenses incurred in the 18 performance of his duties. 19 Section 2. All acts or parts of acts are repealed in so far 20 as they are inconsistent herewith. 21 Section 3. The provisions of this act, shall, to the extent 22 permitted by the Constitution, become effective immediately upon 23 final enactment. C17L54JR/19750H0793B0896 - 3 -