PRINTER'S NO. 3196

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 2462 Session of 1978


        INTRODUCED BY PIEVSKY, MAY 22, 1978

        REFERRED TO COMMITTEE ON APPROPRIATIONS, MAY 22, 1978

                                     AN ACT

     1  Providing for the capital budget for the fiscal year 1978-1979.

     2     The General Assembly of the Commonwealth of Pennsylvania
     3  hereby enacts as follows:
     4  Section 1.  Construction.
     5     This act and its supplements shall constitute the "Capital
     6  Budget Act of 1978-1979 Fiscal Year." The provisions and
     7  definitions of the act of July 20, 1968 (P.L. 550, No.217),
     8  known as the "Capital Facilities Debt Enabling Act," unless
     9  inconsistent herewith, shall apply.
    10  Section 2.  Overall limitations on debt to be incurred for
    11              capital projects.
    12     The maximum principal amount of additional debt to be
    13  incurred hereafter during the 1978-1979 fiscal year and
    14  thereafter until the enactment of the 1979-1980 capital budget
    15  specifying such maximum debt for the 1979-1980 fiscal year, for
    16  capital projects specifically itemized in a capital budget
    17  pursuant to section 7(a)(4) of Article VIII of the Constitution
    18  of Pennsylvania, and the fund to be charged with the repayment

     1  of such debt shall, with respect to each category of capital
     2  projects, be as follows:
     3         Category                Amount              Fund
     4  (1)  Highway Projects       $47,950,000       Motor License Fund
     5  (2)  Public Improvement
     6       Projects:  Department                    General Fund or
     7       of General Services    115,000,000       Special Fund as
     8                                                  applicable
     9  (3)  Transportation
    10       Assistance Projects     40,000,000       General Fund
    11       Total                  202,950,000
    12  Section 3.  Effective date.
    13     This act shall take effect July 1, 1978 or, if enacted
    14  subsequent to that date, immediately.











    B21L54RLC/19780H2462B3196        - 2 -