H1490B2016A02323 JKL:CDM 06/18/13 #90 A02323

 

 

 

 

AMENDMENTS TO HOUSE BILL NO. 1490

Sponsor: REPRESENTATIVE ROSS

Printer's No. 2016

 

1Amend Bill, page 1, line 6, by inserting after "providing "
2where it occurs the second time

3for special funds in cities of the first class,

4Amend Bill, page 1, line 21, by inserting after "A "

5special 

6Amend Bill, page 1, line 21, by inserting a bracket before
7"administered"

8Amend Bill, page 1, line 21, by inserting after "authority"

9] in the State Treasury

10Amend Bill, page 2, line 5, by striking out "fund 
11administered by the authority" and inserting

12 special fund in the State Treasury

13Amend Bill, page 11, line 21, by striking out "and" and 
14inserting

15 as a special fund in the State Treasury. A balance remaining in
16the regulatory fund and previously held by the authority shall
17be transferred to the special fund in the State Treasury upon
18the effective date of section 5710 (relating to fees). The
19regulatory fund

20Amend Bill, page 11, line 23, by striking out "operate" and 
21inserting

22 be administered

23Amend Bill, page 11, line 30, by striking out "for 
24disbursement solely" and inserting

25 and shall be transferred in equal amounts each month by
26the State Treasurer to the authority

1Amend Bill, page 12, lines 1 through 5, by striking out "The" 
2in line 1 and all of lines 2 through 5

3Amend Bill, page 12, line 10, by inserting after 
4"established"

5 as a special fund in the State Treasury

6Amend Bill, page 12, line 17, by inserting after "authority "

7and shall be transferred in equal amounts each month by
8the State Treasurer to the authority

9Amend Bill, page 12, lines 19 through 22, by striking out 
10"The medallion fund shall be held and maintained by" in line 19 
11and all of lines 20 through 22

12Amend Bill, page 18, line 13, by inserting after "Sections "

135510.2,

14Amend Bill, page 18, by inserting between lines 14 and 15

15§ 5510.2. Special funds in cities of the first class.

16(a) General rule.--An authority, under resolutions adopted
17from time to time by the board, may establish and create such
18special funds as may be found desirable by the board and, in and
19by such resolutions, may provide for payments into all special
20funds from specified sources with such preferences and
21priorities as may be deemed advisable and may provide for the
22custody, disbursement and application of any moneys in any such
23special funds consistent with the provisions of this chapter and
24consistent with generally accepted accounting principles. [The
25authority shall maintain the Philadelphia Taxicab and Limousine
26Regulatory Fund as a separate fund from all other funds.]

27(b) Applicability.--This section shall only apply to
28authorities in cities of the first class.

 

See A02323 in
the context
of HB1490