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                                                      PRINTER'S NO. 3077

THE GENERAL ASSEMBLY OF PENNSYLVANIA


HOUSE BILL

No. 2354 Session of 1998


        INTRODUCED BY BARLEY, MARCH 11, 1998

        REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 11, 1998

                                     AN ACT

     1  Providing for the capital budget for the fiscal year 1998-1999.

     2     The General Assembly of the Commonwealth of Pennsylvania
     3  hereby enacts as follows:
     4  Section 1.  Short title and construction.
     5     (a)  Short title.--This act shall be known and may be cited
     6  as the Capital Budget Act of 1998-1999.
     7     (b)  Supplements.--A reference to this act shall be deemed to
     8  include a reference to the supplements to this act.
     9     (c)  Fiscal Code.--The provisions and definitions of Article
    10  XVI-B of the act of April 9, 1929 (P.L.343, No.176), known as
    11  The Fiscal Code, shall apply to this act to the extent they are
    12  not inconsistent with this act.
    13  Section 2.  Overall limitations on debt to be incurred for
    14                 capital projects.
    15     The maximum principal amount of additional debt to be
    16  incurred during the 1998-1999 fiscal year, and thereafter until
    17  the enactment of the 1999-2000 capital budget specifying the

     1  maximum debt for the 1999-2000 fiscal year, for capital projects
     2  specifically itemized in a capital budget pursuant to section
     3  7(a)(4) of Article VIII of the Constitution of Pennsylvania, and
     4  the fund to be charged with the repayment of such debt, shall,
     5  with respect to each category of capital projects, be as
     6  follows:
     7                Category              Amount          Fund
     8  (1)  Public Improvement
     9     Projects:
    10     (i)  Buildings and                            General Fund or
    11         Structures               $400,000,000     Special Fund as
    12     (ii)  Furniture and                           applicable
    13         Equipment                  6,000,000
    14  (2)  Transportation
    15     Assistance Projects           150,000,000     General Fund
    16  (3)  Redevelopment
    17     Assistance Projects            70,000,000     General Fund
    18  (4)  Flood Control
    19     Projects                       12,000,000     General Fund
    20     Total                        $638,000,000
    21  Section 3.  Effective date.
    22     This act shall take effect July 1, 1998, or immediately,
    23  whichever is later.





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