(b) Surplus operating funds at the end of a fiscal year in
which the Budget Stabilization Reserve Fund balance exceeds 20%
of the Commonwealth's total revenue collection shall be
appropriated during the ensuing fiscal year by the General
Assembly.
(c) Money transferred into the Budget Stabilization Reserve
Fund under subsection (a) shall be subject to the following
restrictions:
(1) The State Treasurer may loan up to 20% of the balance in
the Budget Stabilization Reserve Fund to pay obligations of the
General Fund if the money in the General Fund is insufficient to
pay the obligations of the General Fund. The money shall be
repaid within the fiscal year in which it is loaned.
(2) The General Assembly shall not appropriate money in the
Budget Stabilization Reserve Fund unless approved by two-thirds
of the members in the Senate and the House of Representatives.
Section 2. (a) Upon the first passage by the General
Assembly of this proposed constitutional amendment, the
Secretary of the Commonwealth shall proceed immediately to
comply with the advertising requirements of section 1 of Article
XI of the Constitution of Pennsylvania and shall transmit the
required advertisements to two newspapers in every county in
which such newspapers are published in sufficient time after
passage of this proposed constitutional amendment.
(b) Upon the second passage by the General Assembly of this
proposed constitutional amendment, the Secretary of the
Commonwealth shall proceed immediately to comply with the
advertising requirements of section 1 of Article XI of the
Constitution of Pennsylvania and shall transmit the required
advertisements to two newspapers in every county in which such
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