PRINTER'S NO. 856
No. 823 Session of 2005
INTRODUCED BY FEESE, MARCH 14, 2005
REFERRED TO COMMITTEE ON APPROPRIATIONS, MARCH 14, 2005
AN ACT
1 Providing for the capital budget for the fiscal year 2005-2006.
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 2005-2006.
7 (b) Supplements.--A reference to this act shall be deemed to
8 include a reference to the supplements to this act.
9 (c) Capital Facilities Debt Enabling Act.--The provisions
10 and definitions of Chapter 3 of the act of February 9, 1999
11 (P.L.1, No.1), known as The Capital Facilities Debt Enabling
12 Act, shall apply to this act to the extent they are not
13 inconsistent with this act.
14 Section 2. Overall limitations on debt to be incurred for
15 capital projects.
16 The maximum principal amount of additional debt to be
17 incurred during the 2005-2006 fiscal year, and thereafter until
1 the enactment of the 2006-2007 capital budget specifying the
2 maximum debt for the 2006-2007 fiscal year, for capital projects
3 specifically itemized in a capital budget pursuant to section
4 7(a)(4) of Article VIII of the Constitution of Pennsylvania, and
5 the fund to be charged with the repayment of such debt, shall,
6 with respect to each category of capital projects, be as
7 follows:
8 Category Amount Fund
9 (1) Public Improvement
10 Projects:
11 (i) Buildings and General Fund or
12 Structures $355,000,000 Special Fund as
13 applicable
14 (2) Transportation
15 Assistance Projects 150,000,000 General Fund
16 (3) Redevelopment
17 Assistance Projects 165,000,000 General Fund
18 (4) Flood Control
19 Projects 11,000,000 General Fund
20 Total $681,000,000
21 Section 3. Effective date.
22 This act shall take effect July 1, 2005, or immediately,
23 whichever is later.
C7L72RZ/20050H0823B0856 - 2 -