PRINTER'S NO. 4268
No. 3098 Session of 1994
INTRODUCED BY STEELMAN, STURLA, HERSHEY, RICHARDSON, THOMAS,
KUKOVICH, COWELL, YOUNGBLOOD, BELARDI, D. R. WRIGHT, STAIRS,
BATTISTO, MANDERINO, LAUB, RUDY, JOSEPHS, ARGALL, FAJT,
MICOZZIE, HALUSKA, TIGUE, DeWEESE, LUCYK, MIHALICH, McCALL,
BELFANTI, MARKOSEK, MELIO, RUBLEY, KASUNIC AND J. TAYLOR,
OCTOBER 3, 1994
REFERRED TO COMMITTEE ON APPROPRIATIONS, OCTOBER 3, 1994
AN ACT
1 Amending the act of July 10, 1986 (P.L.1398, No.122), entitled
2 "An act establishing a special fund for moneys received by
3 the Commonwealth from resolution of oil overcharge matters;
4 designating certain low-income energy conservation and
5 assistance programs for funding from this special fund; and
6 making appropriations," further providing for the
7 appropriation of funds.
8 The General Assembly of the Commonwealth of Pennsylvania
9 hereby enacts as follows:
10 Section 1. Section 4 of the act of July 10, 1986 (P.L.1398,
11 No.122), known as the Energy Conservation and Assistance Act, is
12 amended to read:
13 Section 4. Establishment of special fund.
14 (a) Establishment.--There is hereby created an Energy
15 Conservation and Assistance Fund. All funds made available to
16 the Commonwealth after December 1, 1985, due to resolution of
17 litigation or administrative proceedings brought by the United
18 States Department of Energy against the petroleum industry for
1 alleged violations of the Federal Petroleum Price and Allocation
2 Regulations shall be credited by the Treasury Department to this
3 fund. Interest earned by investment of moneys in this fund by
4 the Treasury Department shall also be credited by the Treasury
5 Department to this fund. All moneys remaining in any special
6 accounts for oil overcharge funds which are unexpended,
7 uncommitted and unencumbered as of June 30, 1986, shall lapse
8 and shall be transferred into the fund created by this section.
9 [No] Except as provided in subsection (b), no funds may be
10 expended from this fund, except by annual appropriation by the
11 General Assembly. At least 75% of the annual appropriations made
12 from the fund shall be for the supplemental programs established
13 in section 5.
14 (b) Limited executive authorization.--In fiscal years
15 beginning after June 30, 1994, the Governor is authorized,
16 through executive authorization, to allocate up to $5,000,000
17 each fiscal year from the fund for the purposes of this act and
18 subject to the same such percentage limitations provided in this
19 act and by the Federal Government. Any funds in excess of this
20 $5,000,000 annual maximum must be appropriated by the General
21 Assembly. Since the awards of money received by this fund are
22 decreasing and since significant amounts of money may not be
23 available from the fund unless a large award is received, it is
24 the intent of the General Assembly that the moneys in the fund
25 up to the $5,000,000 limit be made available for the programs
26 authorized to receive these funds as expeditiously as possible.
27 Section 2. This act shall take effect immediately.
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