PRINTER'S NO. 3563

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 2556 Session of 1986


        INTRODUCED BY PIEVSKY, JUNE 3, 1986

        REFERRED TO COMMITTEE ON APPROPRIATIONS, JUNE 3, 1986

                                     AN ACT

     1  Providing for the capital budget for the fiscal year 1986-1987.

     2     The General Assembly of the Commonwealth of Pennsylvania
     3  hereby enacts as follows:
     4  Section 1.  Short title and construction.
     5     (a)  Short title.--This act shall be known and may be cited
     6  as the Capital Budget Act of 1986-1987.
     7     (b)  Supplements.--A reference to this act shall be deemed to
     8  include a reference to the supplements to this act.
     9     (c)  Fiscal Code.--The provisions and definitions of Article
    10  XVI-B of the act of April 9, 1929 (P.L.343, No.176), known as
    11  The Fiscal Code, shall apply to this act to the extent they are
    12  not inconsistent with this act.
    13  Section 2.  Overall limitations on debt to be incurred for
    14                 capital projects.
    15     The maximum principal amount of additional debt to be
    16  incurred during the 1986-1987 fiscal year, and thereafter until
    17  the enactment of the 1987-1988 capital budget specifying the

     1  maximum debt for the 1987-1988 fiscal year, for capital projects
     2  specifically itemized in a capital budget pursuant to section
     3  7(a)(4) of Article VIII of the Constitution of Pennsylvania, and
     4  the fund to be charged with the repayment of such debt, shall,
     5  with respect to each category of capital projects, be as
     6  follows:
     7                Category             Amount           Fund
     8  (1)  Public Improvement
     9     Projects: Department
    10     of General Services
    11     (i)  Construction            $168,000,000     General Fund or
    12     (ii)  Furniture and                           Special Fund as
    13         Equipment                  15,000,000     applicable
    14  (2)  Transportation
    15     Assistance Projects            40,000,000     General Fund
    16  (3)  Highways                     66,000,000     Motor License
    17                                                   Fund
    18  (4)  Redevelopment
    19     Assistance                     75,000,000     General Fund
    20  (5)  Advanced
    21     Construction
    22     Interstate                    190,000,000     Motor License
    23                                                   Fund
    24     Total                        $554,000,000
    25  Section 3.  Effective date.
    26     This act shall take effect July 1, 1986, or immediately,
    27  whichever is later.


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