HOUSE AMENDED
        PRIOR PRINTER'S NOS. 1886, 2216               PRINTER'S NO. 2389

THE GENERAL ASSEMBLY OF PENNSYLVANIA


SENATE BILL

No. 1536 Session of 1992


        INTRODUCED BY GREENWOOD, ROBBINS, MADIGAN AND PORTERFIELD,
           FEBRUARY 4, 1992

        AS RE-REPORTED FROM COMMITTEE ON APPROPRIATIONS, HOUSE OF
           REPRESENTATIVES, AS AMENDED, JUNE 22, 1992

                                     AN ACT

     1  Providing for the adoption of a capital budget for the            <--
     2     Pennsylvania Fish and Boat Commission.
     3  PROVIDING FOR THE ADOPTION OF CAPITAL PROJECTS TO BE FINANCED     <--
     4     FROM DEBT AND FROM CURRENT REVENUES OF THE FISH FUND AND THE   <--
     5     BOAT FUND; AUTHORIZING THE INCURRING OF DEBT WITHOUT THE       <--
     6     APPROVAL OF THE ELECTORS FOR THE PURPOSE OF FINANCING THE
     7     PROJECTS; STATING THE ESTIMATED USEFUL LIFE OF THE PROJECTS;
     8     ITEMIZING A PUBLIC IMPROVEMENT PROJECT TO BE CONSTRUCTED WITH
     9     ITS ESTIMATED FINANCIAL COST AND STATING THE ESTIMATED USEFUL
    10     LIFE OF THE PROJECT; AND MAKING AN APPROPRIATION. BOAT FUND.   <--

    11     The General Assembly of the Commonwealth of Pennsylvania
    12  hereby enacts as follows:
    13  Section 1.  Short title.
    14     This act shall be known as the Fish and Boat Commission
    15  Capital Budget Act for 1991-1992 1992-1993.                       <--
    16  Section 2.  Total authorizations.
    17     The total authorizations for the capital project PROJECTS in   <--
    18  the category of a public improvement project PROJECTS for         <--
    19  acquisition and development as itemized in section 3 4 and to be  <--
    20  financed out of current revenues of the Fish Fund and the Boat


     1  Fund, pursuant to executive authorizations, shall be $850,000.    <--
     2  AND THE INCURRING OF DEBT AS SET FORTH IN SECTION 4 SHALL BE      <--
     3  $7,440,000. SHALL BE $2,800,000.                                  <--
     4  Section 3.  Project description.
     5  (a)  Bucks County
     6     (1)  Acquisition and development of 25 acres
     7         (more or less) of land, including the
     8         spring or springs of water arising thereon
     9         and the buildings, structures, improvements
    10         and other appurtenances thereto, known as
    11         the Ingham Springs property, Solebury
    12         Township                                         $850,000
    13             (Fish Fund - $700,000)                                 <--
    14             (Boat Fund - $150,000)
    15  Section 4.  Effective date.
    16     This act shall take effect immediately.
    17  (B)  CENTRE COUNTY                                                <--
    18     (1)  ACQUISITION OF LANDS, WATERS AND INTERESTS
    19         IN LANDS AND WATERS ALONG AND ADJACENT TO
    20         SPRING CREEK FROM THE HEADWATERS IN HARRIS
    21         TOWNSHIP DOWNSTREAM TO THE CONFLUENCE WITH
    22         BALD EAGLE CREEK IN BOGGS TOWNSHIP             $1,750,000
    23             (FISH FUND - $1,750,000)
    24  (C)  DAUPHIN COUNTY                                               <--
    25     (1)  CONSTRUCTION OF ADMINISTRATIVE AND RELATED
    26         FACILITIES, INCLUDING ADMINISTRATIVE
    27         HEADQUARTERS, AQUATIC RESOURCE EDUCATION
    28         CENTER, WAREHOUSE, MAINTENANCE, TRAINING
    29         AND RELATED FACILITIES                         $4,640,000
    30             (BASE PROJECT ALLOCATION - $4,000,000)
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     1             (DESIGN AND CONTINGENCIES - $640,000)
     2  (D) (C)  FRANKLIN COUNTY                                          <--
     3     (1)  ACQUISITION OF LANDS, WATERS AND INTERESTS
     4         IN LANDS ALONG THE FALLING SPRINGS BRANCH,
     5         FROM THE HEADWATERS IN GUILFORD TOWNSHIP
     6         DOWNSTREAM TO THE CONFLUENCE WITH THE
     7         CONOCOCHEAGUE CREEK                              $200,000
     8  SECTION 4.  FINANCING OF PROJECTS.
     9     (A)  FINANCING.--THE PROJECTS DESCRIBED IN SECTION 3 SHALL BE  <--
    10  FINANCED AS FOLLOWS:
    11         (1)  CURRENT REVENUES OF THE FISH FUND PURSUANT TO
    12     EXECUTIVE AUTHORIZATIONS.                          $1,300,000
    13         (2)  CURRENT REVENUES OF THE BOAT FUND PURSUANT TO
    14     EXECUTIVE AUTHORIZATIONS.                          $1,140,000
    15         (3)  REVENUES FROM THE CAPITAL FACILITIES FUND DERIVED
    16     FROM THE SALE OF BONDS UNDER PROVISIONS OF ARTICLE XVI-B OF
    17     THE ACT OF APRIL 9, 1929 (P.L.343, NO.176), KNOWN AS THE
    18     FISCAL CODE, WHICH INDEBTEDNESS SHALL BE REPAID OVER A TERM
    19     NOT TO EXCEED 30 YEARS FROM THE FISH FUND WITH INTEREST AT
    20     RATES ESTABLISHED AT ISSUANCE OF THE BONDS BY THE ISSUING
    21     AUTHORITIES.                                       $5,000,000
    22     (B)  SOURCE OF FUNDS FOR PROJECTS.--THE FUNDING SOURCES FOR
    23  THE FUNDING SOURCES FOR THE FOLLOWING PROJECTS ARE:               <--
    24         (1)  BUCKS COUNTY; FISH FUND $850,000.
    25         (2)  CENTRE COUNTY; FISH FUND $1,750,000.
    26         (3)  DAUPHIN COUNTY; FISH FUND $3,500,000 AND BOAT FUND;   <--
    27     $1,140,000.
    28         (4) (3)  FRANKLIN COUNTY; FISH FUND $200,000.              <--
    29  SECTION 5.  DEBT AUTHORIZATION.                                   <--
    30     THE GOVERNOR, AUDITOR GENERAL AND STATE TREASURER ARE HEREBY
    19920S1536B2389                  - 3 -

     1  AUTHORIZED AND DIRECTED TO BORROW, IN ADDITION TO ANY
     2  AUTHORIZATION ENACTED BEFORE OR AFTER THE EFFECTIVE DATE OF THIS
     3  ACT, ON THE CREDIT OF THE COMMONWEALTH, SUBJECT TO THE
     4  LIMITATIONS PROVIDED IN THIS ACT, MONEY NOT EXCEEDING IN THE
     5  AGGREGATE THE SUM OF $5,000,000 AS MAY BE FOUND NECESSARY TO
     6  CARRY OUT THE PROJECTS DESCRIBED IN THIS ACT.
     7  SECTION 6.  ISSUE OF BONDS.
     8     THE INDEBTEDNESS AUTHORIZED IN THIS ACT SHALL BE INCURRED,
     9  FROM TIME TO TIME, AND SHALL BE EVIDENCED BY ONE OR MORE SERIES
    10  OF GENERAL OBLIGATION BONDS OF THE COMMONWEALTH IN SUCH
    11  AGGREGATE PRINCIPAL AMOUNT FOR EACH SERIES AS THE GOVERNOR,
    12  AUDITOR GENERAL AND STATE TREASURER SHALL DETERMINE, CONSISTENT
    13  WITH THE REQUEST OF THE PENNSYLVANIA FISH AND BOAT COMMISSION,
    14  BUT THE LATEST STATED MATURITY DATE SHALL NOT EXCEED THE
    15  ESTIMATED USEFUL LIFE OF THE PROJECT AS SET FORTH IN SECTION 7.
    16  SECTION 7.  ESTIMATED USEFUL LIFE AND TERM OF DEBT.
    17     (A)  ESTIMATED USEFUL LIFE.--THE GENERAL ASSEMBLY STATES THAT
    18  THE ESTIMATED USEFUL LIFE OF THE PUBLIC IMPROVEMENT PROJECTS
    19  DESCRIBED IN THIS ACT IS 30 YEARS.
    20     (B)  TERM OF DEBT.--THE MAXIMUM TERM OF DEBT AUTHORIZED TO BE
    21  INCURRED UNDER THIS ACT IS 30 YEARS.
    22  SECTION 8.  APPROPRIATION.
    23     THE NET PROCEEDS OF THE SALE OF THE OBLIGATIONS AUTHORIZED IN
    24  THIS ACT ARE HEREBY APPROPRIATED FROM THE CAPITAL FACILITIES
    25  FUND TO THE PENNSYLVANIA FISH AND BOAT COMMISSION IN THE MAXIMUM
    26  AMOUNT OF $5,000,000 TO BE USED BY IT EXCLUSIVELY TO DEFRAY THE
    27  FINANCIAL COST OF THE PUBLIC IMPROVEMENT PROJECTS DESCRIBED IN
    28  THIS ACT. AFTER RECEIVING OR PAYING THE EXPENSES OF THE SALE FOR
    29  THE OBLIGATION, THE STATE TREASURER SHALL PAY TO THE
    30  PENNSYLVANIA FISH AND BOAT COMMISSION THE MONEYS AS REQUIRED AND
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     1  CERTIFIED BY IT TO BE LEGALLY DUE AND PAYABLE.
     2  SECTION 9.  FEDERAL FUNDS.
     3     IN ADDITION TO THOSE FUNDS APPROPRIATED IN THIS ACT, ALL
     4  MONEYS RECEIVED FROM THE FEDERAL GOVERNMENT FOR THE PROJECTS
     5  DESCRIBED IN THIS ACT ARE HEREBY SPECIFICALLY APPROPRIATED FOR
     6  THOSE PROJECTS.
     7  SECTION 10 5.  EFFECTIVE DATE.                                    <--
     8     THIS ACT SHALL TAKE EFFECT IMMEDIATELY.















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