PRINTER'S NO. 2055
No. 1631 Session of 2007
INTRODUCED BY D. EVANS, JUNE 23, 2007
REFERRED TO COMMITTEE ON APPROPRIATIONS, JUNE 23, 2007
AN ACT
1 Providing for the Pennsylvania Gaming Economic Development and
2 Tourism Fund Capital Budget for 2007-2008; itemizing projects
3 to be assisted by the Department of Community and Economic
4 Development, together with their estimated financial costs;
5 authorizing recurring payments for certain projects; and
6 making appropriations.
7 The General Assembly of the Commonwealth of Pennsylvania
8 hereby enacts as follows:
9 Section 1. Short title.
10 This act shall be known and may be cited as the Pennsylvania
11 Gaming Economic Development and Tourism Fund Capital Budget
12 Itemization Act for 2007-2008.
13 Section 2. Total authorizations from Pennsylvania Gaming
14 Economic Development and Tourism Fund.
15 The total authorization for the projects itemized in section
16 3 for grants by the Department of Community and Economic
17 Development, its successors or assigns, and to be financed from
18 the revenues of the Pennsylvania Gaming Economic Development and
19 Tourism Fund shall be $498,240,000.
1 Section 3. Itemization of Pennsylvania Gaming Economic
2 Development and Tourism Fund projects.
3 Projects for grants by the Department of Community and
4 Economic Development, its successors or assigns, to be financed
5 by the incurring of debt or revenues of the Pennsylvania Gaming
6 Economic Development and Tourism Fund are hereby itemized,
7 together with their respective estimated costs, as follows:
8 Project
9 Project Allocation
10 (2) Allegheny County
11 (i) County projects
12 (A) Retirement of the indebtedness of an
13 urban redevelopment authority in a city
14 of the second class which is financed,
15 in part, with the utilization of funds
16 transferred to the regional asset
17 district pursuant to Article XXXI-B of
18 the act of July 28, 1953 (P.L.723,
19 No.230), known as the Second Class
20 County Code 65,740,000
21 (Base Project Allocation - $65,740,000)
22 (B) Retirement of indebtedness of a
23 convention center in a city of the
24 second class established pursuant to
25 the authority of the act of July 29,
26 1953 (P.L.1034, No.270), known as the
27 Public Auditorium Authorities Law 20,000,000
28 (Base Project Allocation - $20,000,000)
29 (C) Payment of the operating deficit for
30 the operation of a convention center in
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1 a city of the second class established
2 pursuant to the Public Auditorium
3 Authorities Law 20,000,000
4 (Base Project Allocation - $20,000,000)
5 (D) Payments related to the construction
6 of a facility designated for use by a
7 professional hockey franchise,
8 including $500,000 to a nonprofit
9 community development fund to fund
10 infrastructure, construction and
11 redevelopment projects 8,000,000
12 (Base Project Allocation - $8,000,000)
13 (E) Debt service and development and
14 economic development projects for an
15 international airport located in a
16 county of the second class 150,000,000
17 (Base Project Allocation -
18 $150,000,000)
19 (F) Distribution to a community
20 infrastructure development fund of a
21 county of the second class to fund
22 construction, development, improvement
23 and maintenance of infrastructure
24 projects 80,000,000
25 (Base Project Allocation - $80,000,000)
26 (G) Retirement of indebtedness and
27 financing of a hotel or convention
28 center in a city of the second class
29 established pursuant to the authority
30 of the Public Auditorium Authorities
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1 Law 44,000,000
2 (Base Project Allocation - $44,000,000)
3 (H) Retirement of indebtedness of a county
4 of the second class development fund
5 created pursuant to the authority of
6 Article XXXI-B of the Second Class
7 County Code and the act of May 24, 1945
8 (P.L.991, No.385), known as the Urban
9 Redevelopment Law 30,000,000
10 (Base Project Allocation - $30,000,000)
11 (40) Luzerne County
12 (i) County projects
13 (A) Payments related to the construction
14 and development of a cargo airport,
15 including acquisition, infrastructure
16 and other related costs 16,500,000
17 (Base Project Allocation - $16,500,000)
18 (51) Philadelphia County
19 (i) County projects
20 (A) Reimbursement to the Commonwealth, any
21 other body corporate and politic
22 created by law or a city of the first
23 class to the extent that the
24 Commonwealth, any other body corporate
25 and politic created by law or a city of
26 the first class has made debt service
27 payments for the Pennsylvania
28 Convention Center or has made payments
29 for the operation expenses of the
30 Pennsylvania Convention Center during
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1 the prior fiscal year 64,000,000
2 (Base Project Allocation - $64,000,000)
3 Section 4. Duration of payments.
4 Notwithstanding any other provisions of law, the following
5 shall apply to the projects authorized in section 3:
6 (1) The amount allocated to the project described in
7 section 3(2)(i)(A) shall be made through 2014-2015 in annual
8 amounts, not to exceed $7,782,000 each, pursuant to an
9 agreement with the Commonwealth specifying the amounts to be
10 paid each year. The payment for 2014-2015 shall not exceed
11 $11,736,000.
12 (2) The amount allocated to the project described in
13 section 3(2)(i)(C) shall be made in annual amounts, not to
14 exceed $2,000,000, for ten years. However, the amount paid
15 shall not exceed the operating deficit of the David L.
16 Lawrence Convention Center.
17 (3) The amount allocated to the project described in
18 section 3(2)(i)(D) and (40)(i)(A) shall be made in annual
19 amounts, in the amount allocated, for 30 years or the
20 retirement of the debt issued for the project described in
21 section 3(2)(i)(D) and (40)(i)(A), whichever is less.
22 (4) The amount allocated to the projects described in
23 section 3(2)(i)(E) shall be made in annual amounts, not to
24 exceed $15,000,000, for ten years.
25 (5) The amount allocated to the project described in
26 section 3(51)(i)(A) and shall be made in annual amounts, not
27 to exceed the amount allocated, for 30 years or the
28 retirement of the debt issued for the project described in
29 section 3(51)(i)(A), whichever is less. However, the amount
30 paid may not exceed the actual amounts of debt service and
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1 operating expenses in any year. Payments made pursuant to
2 section 3(51)(i)(A) which are reimbursements to the General
3 Fund shall be deposited into the Capital Debt Fund for
4 repayment of the debt issued.
5 Section 5. Appropriation.
6 The sums necessary for the annual amounts itemized in
7 sections 3 and 4 are hereby appropriated from the Pennsylvania
8 Gaming Economic Development and Tourism Fund to the Department
9 of Community and Economic Development, upon approval of the
10 Governor, for the projects itemized in this act.
11 Section 6. Special provisions.
12 (a) Notwithstanding the provisions of 4 Pa.C.S. § 1407(d)
13 (relating to Pennsylvania Gaming Economic Development Tourism
14 Fund), the project authorized in section 3(2)(i)(D) shall be
15 eligible for funding from the Pennsylvania Gaming and Economic
16 Development and Tourism Fund in the ten-year period beginning
17 with the first fiscal year during which deposits are made into
18 the fund.
19 (b) Notwithstanding the provisions of 4 Pa.C.S. § 1407(d),
20 the project authorized in section 3(51)(i)(A) shall be eligible
21 for funding from the Pennsylvania Gaming and Economic
22 Development and Tourism Fund in the ten-year period beginning
23 with the first fiscal year during which deposits are made into
24 the fund and may include repayment of bonds issued to replace
25 bonds issued for the Pennsylvania Convention Center,
26 reimbursement of the Pennsylvania Convention Center Authority
27 for bonds issued for the construction of the Pennsylvania
28 Convention Center, or operating expenses of the Pennsylvania
29 Convention Center.
30 (c) Notwithstanding any other law to the contrary, the
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1 requirements of section 318 of the act of February 9, 1999
2 (P.L.1, No.1), known as the Capital Facilities Debt Enabling
3 Act, shall provide the sole and exclusive requirements for
4 bidding for the acquisition, development construction of the
5 project in section 3(2)(i)(D).
6 Section 7. Effective date.
7 This act shall take effect immediately.
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