PRINTER'S NO. 896
No. 793 Session of 1975
INTRODUCED BY BONETTO, KOLTER, MANDERINO, ARTHURS, VANN,
BRUNNER, SCHMITT, LAUDADIO, VALICENTI, A. K. HUTCHINSON,
PETRARCA, MISCEVICH, SIRIANNI, DOMBROWSKI, LAUGHLIN, DININNI,
WHELAN, W. W. WILT AND ANDERSON, MARCH 18, 1975
REFERRED TO COMMITTEE ON TRANSPORTATION, MARCH 19, 1975
AN ACT
1 Amending the act of August 14, 1951 (P.L.1232, No.282), entitled
2 "An act authorizing and empowering the Pennsylvania Turnpike
3 Commission to combine the turnpike and its extensions now
4 constructed and to be constructed or parts thereof, for
5 financing purposes under the provisions of this act;
6 authorizing the issuance of turnpike revenue bonds of the
7 Commonwealth, notes or other obligations, to pay the cost of
8 such combined turnpike and its extensions; authorizing the
9 commission to refund any bonds, notes or other obligations
10 theretofore issued by the commission under the provisions of
11 any act, including the payment of any redemption premium
12 thereon, notwithstanding any limitations or restrictions as
13 to time of refunding or rate of interest contained in any act
14 heretofore approved, whether or not any of the projects in
15 respect of which such securities being refunded were issued
16 are combined; authorizing the commission to fix tolls from
17 time to time for the use of the projects so combined;
18 authorizing the commission to construct and finance as a
19 whole or in sections; providing for preliminary or interim
20 financing through the issuance of notes or other obligations,
21 constituting the same legal investments in certain instances,
22 and exempting the same from taxation; providing for bonds to
23 be given by each appointed member of the commission and the
24 secretary and treasurer thereof, conditioned upon the
25 faithful performance of the duties of his office in the
26 administration of the Pennsylvania Turnpike System; and
27 providing for salaries for the appointed members of the
28 commission in lieu of the salaries heretofore authorized by
29 law," increasing salaries.
30 The General Assembly of the Commonwealth of Pennsylvania
1 hereby enacts as follows:
2 Section 1. Section 6, act of August 14, 1951 (P.L.1232,
3 No.282), entitled "An act authorizing and empowering the
4 Pennsylvania Turnpike Commission to combine the turnpike and its
5 extensions now constructed and to be constructed or parts
6 thereof, for financing purposes under the provisions of this
7 act; authorizing the issuance of turnpike revenue bonds of the
8 Commonwealth, notes or other obligations, to pay the cost of
9 such combined turnpike and its extensions; authorizing the
10 commission to refund any bonds, notes or other obligations
11 theretofore issued by the commission under the provisions of any
12 act, including the payment of any redemption premium thereon,
13 notwithstanding any limitations or restrictions as to time of
14 refunding or rate of interest contained in any act heretofore
15 approved, whether or not any of the projects in respect of which
16 such securities being refunded were issued are combined;
17 authorizing the commission to fix tolls from time to time for
18 the use of the projects so combined; authorizing the commission
19 to construct and finance as a whole or in sections; providing
20 for preliminary or interim financing through the issuance of
21 notes or other obligations, constituting the same legal
22 investments in certain instances, and exempting the same from
23 taxation; providing for bonds to be given by each appointed
24 member of the commission and the secretary and treasurer
25 thereof, conditioned upon the faithful performance of the duties
26 of his office in the administration of the Pennsylvania Turnpike
27 System; and providing for salaries for the appointed members of
28 the commission in lieu of the salaries heretofore authorized by
29 law," amended in effect by act of September 2, 1961 (P.L.1177,
30 No.525), amended February 8, 1972 (P.L.21, No.10), is reenacted
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1 and amended to read:
2 Section 6. By reason of the increased duties and
3 responsibilities imposed upon the commission and in lieu of the
4 salaries heretofore authorized by law, the chairman of the
5 commission shall receive an annual salary of [seventeen thousand
6 dollars ($17,000) and the other appointed members of the
7 commission shall each receive an annual salary of fifteen
8 thousand dollars ($15,000)] twenty-five thousand dollars
9 ($25,000), the vice-chairman of the commission shall receive an
10 annual salary of twenty-four thousand dollars ($24,000), the
11 secretary and treasurer of the commission shall receive an
12 annual salary of twenty-four thousand dollars ($24,000), and the
13 assistant treasurer of the commission shall receive an annual
14 salary of twenty-four thousand dollars ($24,000); payable in
15 semi-monthly installments, solely from funds derived from the
16 Pennsylvania Turnpike System; and each member of the commission
17 shall be reimbursed for the necessary expenses incurred in the
18 performance of his duties.
19 Section 2. All acts or parts of acts are repealed in so far
20 as they are inconsistent herewith.
21 Section 3. The provisions of this act, shall, to the extent
22 permitted by the Constitution, become effective immediately upon
23 final enactment.
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