H0083B2769A10417 BIL:EJH 10/16/18 #90 A10417
AMENDMENTS TO HOUSE BILL NO. 83
Sponsor: SENATOR HUGHES
Printer's No. 2769
Amend Bill, page 1, line 6, by inserting after "interest"
; and, in capital budgets, providing for the Capital Budget Act
of 2018-2019
Amend Bill, page 2, line 12, by striking out the bracket
before "Retirements"
Amend Bill, page 2, lines 12 and 13, by striking out "] (i)
Except as provided in subparagraph (ii), retirements "
Amend Bill, page 2, lines 19 through 25, by striking out all
of said lines
Amend Bill, page 3, by inserting between lines 25 and 26
Section 2. Chapter 6 of the act is amended by adding a
subchapter to read:
SUBCHAPTER C
CAPITAL BUDGET ACT OF 2018-2019
Section 621. Short title of subchapter.
This subchapter shall be known and may be cited as the
Capital Budget Act of 2018-2019.
Section 622. Overall limitations on debt to be incurred for
capital projects.
The maximum principal amount of additional debt to be
incurred during the 2018-2019 fiscal year, and thereafter until
the enactment of the 2019-2020 capital budget specifying the
maximum debt for the 2019-2020 fiscal year, for capital projects
specifically itemized in a capital budget pursuant to section
7(a)(4) of Article VIII of the Constitution of Pennsylvania and
the fund to be charged with the repayment of such debt shall,
with respect to each category of capital projects, be as
follows:
(1) Public Improvement
Projects:
(i) Buildings and
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structures $750,000,000 General Fund or
special fund as
applicable
(2) Furniture and
equipment 20,000,000 General Fund or
special fund as
applicable
(3) Transportation
assistance projects 350,000,000 General Fund
(4) Redevelopment
assistance projects 275,000,000 General Fund
(5) Flood control
projects 10,000,000 General Fund
Total $1,405,000,000
Amend Bill, page 3, line 26, by striking out "2" and
inserting
3
Amend Bill, page 3, line 26, by striking out "THIS" and
inserting
The amendment of section 307(c) of the
Amend Bill, page 3, line 28, by striking out "3" and
inserting
4
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