PRINTER'S NO. 3789
No. 2841 Session of 1992
INTRODUCED BY McCALL, SALOOM, COY, COLAIZZO, MELIO, KRUSZEWSKI,
MUNDY, MICOZZIE, KOSINSKI, HALUSKA, VAN HORNE, NAHILL,
LAUGHLIN, BUSH, HECKLER, CESSAR, CARLSON, TRELLO, BUNT,
OLASZ, JAROLIN, STAIRS, BLAUM, HANNA, BATTISTO, DALEY,
ARGALL, STABACK, PETRARCA, LUCYK, BELFANTI, GODSHALL, STISH,
STEIGHNER, CORRIGAN, FREEMAN, COLE, J. TAYLOR, RAYMOND,
GERLACH AND TANGRETTI, JUNE 16, 1992
REFERRED TO COMMITTEE ON LOCAL GOVERNMENT, JUNE 16, 1992
AN ACT
1 Amending the act of July 15, 1976 (P.L.1036, No.208), entitled,
2 as amended, "An act authorizing the indebtedness, with the
3 approval of the electors, of fifty million dollars for loans
4 to volunteer fire companies, volunteer ambulance services and
5 volunteer rescue squads for the purpose of establishing or
6 modernizing facilities to house fire fighting apparatus
7 equipment, ambulances, and rescue vehicles, and for
8 purchasing new fire fighting apparatus equipment, ambulances,
9 and rescue vehicles, protective and communications equipment,
10 and any other accessory equipment necessary for the proper
11 performance of such organizations' duties," further providing
12 for the Volunteer Companies Loan Fund.
13 The General Assembly of the Commonwealth of Pennsylvania
14 hereby enacts as follows:
15 Section 1. Section 5 of the act of July 15, 1976 (P.L.1036,
16 No.208), known as the Volunteer Fire Company, Ambulance Service
17 and Rescue Squad Assistance Act, is amended to read:
18 Section 5. Volunteer Companies Loan Fund.--(a) There is
19 hereby created a special fund in the Treasury Department to be
20 known as the "Volunteer Companies Loan Fund" to which shall be
1 credited all appropriations made by the General Assembly [other
2 than appropriations for expenses of administering this act] or
3 grants from other sources to the department as well as repayment
4 of principal and interest on loans made pursuant to this act.
5 (b) Upon approval of the loan, the department shall
6 routinely requisition from the Volunteer Companies Loan Fund
7 such amounts as shall be allocated by the department for loans
8 to volunteer companies. When and as the amounts so allocated by
9 the department as loans to volunteer companies are repaid to the
10 department pursuant to the terms of the agreements made and
11 entered into with the department, the department shall pay such
12 amounts into the Volunteer Companies Loan Fund, it being the
13 intent of this act that the Volunteer Companies Loan Fund shall
14 operate as a revolving fund whereby all appropriations and
15 payments made thereto may be applied and reapplied to the
16 purposes of this act. The Volunteer Companies Loan Fund may also
17 be used to augment the State Fire Commissioner's annual State
18 appropriation to pay the administrative and personnel costs for
19 administering the Pennsylvania Volunteer Loan Assistance Program
20 not to exceed $300,000 the first year and adjusted annually
21 thereafter to incorporate State employee general pay increases
22 and increases in operating costs based on the Consumer Price
23 Index for All Urban Consumers published by the United States
24 Department of Labor. These program management and operating
25 costs shall be paid out of interest earned on existing loans and
26 not from the proceeds of bond sales.
27 Section 2. This act shall take effect immediately.
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