PRINTER'S NO. 3563
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. E30L72RZ/19860H2556B3563 - 2 -