PRINTER'S NO. 1729
No. 1480 Session of 1995
INTRODUCED BY PITTS, APRIL 26, 1995
REFERRED TO COMMITTEE ON APPROPRIATIONS, APRIL 26, 1995
AN ACT
1 Providing for the capital budget for the fiscal year 1995-1996.
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 1995-1996.
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 1995-1996 fiscal year, and thereafter until
17 the enactment of the 1996-1997 capital budget specifying the
1 maximum debt for the 1996-1997 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:
10 (i) Buildings and General Fund or
11 Structures $260,000,000 Special Fund as
12 (ii) Furniture and applicable
13 Equipment 19,000,000
14 (2) Transportation
15 Assistance Projects 100,000,000 General Fund
16 (3) Redevelopment
17 Assistance Projects 101,000,000 General Fund
18 (4) Flood Control
19 Projects 6,000,000 General Fund
20 Total $486,000,000
21 Section 3. Effective date.
22 This act shall take effect July 1, 1995, or immediately,
23 whichever is later.
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