PRIOR PRINTER'S NO. 92 PRINTER'S NO. 1516
No. 83 Session of 1987
INTRODUCED BY KUKOVICH, MANDERINO, DALEY, HUTCHINSON, BELARDI,
GRUITZA AND RITTER, FEBRUARY 2, 1987
AS REPORTED FROM COMMITTEE ON APPROPRIATIONS, HOUSE OF
REPRESENTATIVES, AS AMENDED, MAY 11, 1987
AN ACT
1 Amending the act of July 1, 1985 (P.L.120, No.32), entitled "An
2 act creating a special fund in the Treasury Department for
3 use in attracting major industry into this Commonwealth;
4 establishing a procedure for the appropriation and use of
5 moneys in the fund; establishing the Tax Stabilization
6 Reserve Fund; and providing for expenditures from such
7 account," extending the use of the Sunny Day Fund moneys to
8 job retention.
9 The General Assembly of the Commonwealth of Pennsylvania
10 hereby enacts as follows:
11 Section 1. Sections 102 and 104(b) of the act of July 1,
12 1985 (P.L.120, No.32), entitled "An act creating a special fund
13 in the Treasury Department for use in attracting major industry
14 into this Commonwealth; establishing a procedure for the
15 appropriation and use of moneys in the fund; establishing the
16 Tax Stabilization Reserve Fund; and providing for expenditures
17 from such account," are amended to read:
18 Section 102. Findings and declaration of policy.
19 (a) Findings.--It is hereby determined and declared as a
20 matter of legislative finding and intent:
1 (1) That involuntary unemployment and its resulting
2 burden of indigency falls with crushing force upon the
3 unemployed worker and upon counties, cities, boroughs and
4 other local governmental jurisdictions, reducing their tax
5 base and impairing their financial ability to support
6 education and other governmental services.
7 (2) That the problem of unemployment, and its
8 debilitating effects, has not been eliminated since the
9 increased level of the economy has not fully reached all
10 areas of this Commonwealth, nor has the economy of this
11 Commonwealth as a whole reached the level of the national
12 economy.
13 (3) That the present and prospective health, safety,
14 morals, opportunity for gainful employment and general
15 welfare of the people of this Commonwealth makes desirable,
16 as a public purpose, the promotion and development of large
17 new industrial, manufacturing or research and development
18 enterprises.
19 (4) That while the Commonwealth has recently put in
20 place the best set of programs for small business available
21 in any state, there may not be programs available which
22 have enough resources available to attract firms with large
23 numbers of new jobs available or retain firms with large
24 numbers of jobs.
25 (b) Declaration of policy.--It is, therefore, declared to be
26 the policy of the Commonwealth to promote the health, safety,
27 morals, right to gainful employment and general welfare of the
28 inhabitants by the creation of a special account in the Treasury
29 Department, to be known as the Sunny Day Fund, which shall exist
30 for the public purpose of alleviating unemployment by attracting
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1 or retaining large industrial, manufacturing or research and
2 development plants into this Commonwealth.
3 Section 104. Operation of fund.
4 * * *
5 (b) Use of funds.--Moneys in the fund shall be available to
6 the Governor and the Department of Commerce in their efforts to
7 attract or retain industrial, manufacturing or research and
8 development enterprises to this Commonwealth, upon approval of
9 an appropriation bill by a vote of two-thirds of the members
10 elected to the Senate and the House of Representatives. Whenever
11 the Governor determines that money from this fund is necessary
12 to attract OR RETAIN a major enterprise to this Commonwealth, he <--
13 shall present a request for an appropriation, along with the
14 specifics of the total proposal and such suggested ancillary and
15 substantive legislation as may be necessary, to the chairmen of
16 the House and Senate Appropriations Committees. The General
17 Assembly may then appropriate money from the fund in the manner
18 it determines necessary to accomplish the purposes set forth in
19 the Governor's proposal. Any money appropriated according to
20 this section which is then lapsed shall return to the fund.
21 Section 2. This act shall take effect immediately.
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