PRINTER'S NO. 560
No. 509 Session of 1993
INTRODUCED BY McCALL, CIVERA, DeLUCA, THOMAS, PESCI, MARKOSEK,
GORDNER, PETRARCA, STISH, ULIANA, REBER, KREBS, MELIO,
DURHAM, TRELLO, BUSH, HALUSKA, CESSAR, BELARDI, GLADECK,
GIGLIOTTI, LUCYK, LESCOVITZ, OLASZ, HESS, CLYMER, FLICK,
LEVDANSKY, LAUGHLIN, MICOZZIE, HANNA, JAROLIN, LEH, CORNELL,
KAISER, BELFANTI, STABACK, KING, DEMPSEY, SCHULER, STAIRS,
PHILLIPS, COLAIZZO, E. Z. TAYLOR, GODSHALL, CAWLEY, DRUCE,
STERN, WILLIAMS, CORRIGAN, BARLEY, ROONEY AND GRUPPO,
MARCH 15, 1993
REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 15, 1993
AN ACT
1 Amending the act of July 15, 1976 (P.L.1036, No.208), entitled,
2 as amended, "An act authorizing the indebtedness, with the
3 approval of the electors, of fifty million dollars for loans
4 to volunteer fire companies, volunteer ambulance services and
5 volunteer rescue squads for the purpose of establishing or
6 modernizing facilities to house fire fighting apparatus
7 equipment, ambulances, and rescue vehicles, and for
8 purchasing new fire fighting apparatus equipment, ambulances,
9 and rescue vehicles, protective and communications equipment,
10 and any other accessory equipment necessary for the proper
11 performance of such organizations' duties," further providing
12 for the use of the Volunteer Companies Loan Fund.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. Section 5 of the act of July 15, 1976 (P.L.1036,
16 No.208), known as the Volunteer Fire Company, Ambulance Service
17 and Rescue Squad Assistance Act, is amended to read:
18 Section 5. Volunteer Companies Loan Fund.--(a) There is
19 hereby created a special fund in the Treasury Department to be
1 known as the "Volunteer Companies Loan Fund" to which shall be
2 credited all appropriations made by the General Assembly [other
3 than appropriations for expenses of administering this act] or
4 grants from other sources to the department as well as repayment
5 of principal and interest on loans made pursuant to this act.
6 (b) Upon approval of the loan, the department shall
7 routinely requisition from the Volunteer Companies Loan Fund
8 such amounts as shall be allocated by the department for loans
9 to volunteer companies. When and as the amounts so allocated by
10 the department as loans to volunteer companies are repaid to the
11 department pursuant to the terms of the agreements made and
12 entered into with the department, the department shall pay such
13 amounts into the Volunteer Companies Loan Fund, it being the
14 intent of this act that the Volunteer Companies Loan Fund shall
15 operate as a revolving fund whereby all appropriations and
16 payments made thereto may be applied and reapplied to the
17 purposes of this act.
18 (c) (1) The Volunteer Companies Loan Fund may also be used
19 to augment the State Fire Commissioner's annual State
20 appropriation to pay the cost of salaries and benefits for
21 employees whose primary duties involve administering the
22 Pennsylvania Volunteer Loan Assistance Program not to exceed
23 $300,000 the first year and increased no more than 3% each year
24 thereafter. The cost of salaries and benefits shall be paid out
25 of interest earned on existing loans and not from the proceeds
26 of bond sales.
27 (2) This subsection shall expire three years from the
28 effective date of this subsection, unless extended by the
29 General Assembly.
30 Section 2. This act shall take effect immediately.
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