PRINTER'S NO. 1876

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

No. 1504 Session of 1976


        INTRODUCED BY CIANFRANI, MAY 17, 1976

        REFERRED TO APPROPRIATIONS, MAY 17, 1976

                                     AN ACT

     1  Providing for the capital budget for the fiscal year 1976-1977.

     2     The General Assembly of the Commonwealth of Pennsylvania
     3  hereby enacts as follows:
     4     Section 1.  Construction.--This act and its supplements shall
     5  constitute the "Capital Budget Act of 1976-1977 Fiscal Year."
     6  The provisions and definitions of the act of July 20, 1968
     7  (P.L.550, No.217), known as the "Capital Facilities Debt
     8  Enabling Act," unless inconsistent herewith, shall apply.
     9     Section 2.  Overall Limitations on Debt to be Incurred for
    10  Capital Projects.--The maximum principal amount of additional
    11  debt to be incurred hereafter during the 1976-1977 fiscal year
    12  and thereafter until the enactment of the 1977-1978 capital
    13  budget specifying such maximum debt for the 1977-1978 fiscal
    14  year, for capital projects specifically itemized in a capital
    15  budget pursuant to section 7(a)(4) of Article VIII of the
    16  Constitution of Pennsylvania, and the fund to be charged with
    17  the repayment of such debt shall, with respect to each category
    18  of capital projects, be as follows:

     1         Category                    Amount              Fund
     2  (1)  Highway Projects          $200,000,000        Motor License
     3                                                         Fund
     4  (2)  Public Improvement Projects:                  General Fund
     5       Department of General                           or Special
     6       Services                   100,000,000           Fund as
     7                                                       applicable
     8  (3)  Transportation Assistance
     9       Projects                    30,000,000        General Fund
    10       Total                     $330,000,000
    11     Section 3.  Effective Date.--This act shall take effect July
    12  1, 1976 or, if enacted subsequent to that date, immediately.












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