PRINTER'S NO. 863
THE GENERAL ASSEMBLY OF PENNSYLVANIA
SENATE BILL
No.
697
Session of
2017
INTRODUCED BY BROWNE, MAY 22, 2017
REFERRED TO APPROPRIATIONS, MAY 22, 2017
AN ACT
Providing for the capital budget for the fiscal year 2017-2018.
The General Assembly of the Commonwealth of Pennsylvania
hereby enacts as follows:
Section 1. Short title.
This act shall be known and may be cited as the Capital
Budget Act of 2017-2018.
Section 2. Overall limitations on debt to be incurred for
capital projects.
The maximum principal amount of additional debt to be
incurred during the 2017-2018 fiscal year, and thereafter until
the enactment of the 2018-2019 capital budget specifying the
maximum debt for the 2018-2019 fiscal year, for capital projects
specifically itemized in a capital budget pursuant to section
7(a)(4) of Article VIII of the Constitution of Pennsylvania, and
the fund to be charged with the repayment of such debt, shall,
with respect to each category of capital projects, be as
follows:
Category Amount Fund
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
(1) Public Improvement
Projects:
(i) Buildings and
structures $1,035,000,000 General Fund or
Special Fund as
applicable
(2) Furniture and
equipment 20,000,000 General Fund or
Special Fund as
applicable
(3) Transportation
assistance projects 350,000,000 General Fund
(4) Redevelopment
assistance projects 200,000,000 General Fund
(5) Flood control
projects 10,000,000 General Fund
TOTAL $1,615,000,000
Section 3. Effective date.
This act shall take effect July 1, 2017, or immediately,
whichever is later.
20170SB0697PN0863 - 2 -
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20