1Amending the act of June 9, 1936 (Sp. Sess. 1, P.L.13, No.4),
2entitled, as reenacted and amended, "An act imposing an
3emergency State tax on liquor, as herein defined, sold by the
4Pennsylvania Liquor Control Board; providing for the
5collection and payment of such tax; and imposing duties upon
6the Department of Revenue and the Pennsylvania Liquor Control
7Board," further providing for imposition of tax.

8The General Assembly of the Commonwealth of Pennsylvania
9hereby enacts as follows:

10The General Assembly of the Commonwealth of Pennsylvania
11hereby enacts as follows:

12Section 1. Section 2 of the act of June 9, 1936 (Sp. Sess.
131, P.L.13, No.4), entitled, as reenacted and amended, "An act
14imposing an emergency State tax on liquor, as herein defined,
15sold by the Pennsylvania Liquor Control Board; providing for the
16collection and payment of such tax; and imposing duties upon the
17Department of Revenue and the Pennsylvania Liquor Control
18Board," reenacted and amended May 29, 1951 (P.L.479, No.112) and
19amended January 1, 1968 (1967 P.L.917, No.413), is amended to
20read:

1Section 2. An emergency State tax is hereby imposed and
2assessed at the rate of eighteen per centum of the net price of
3all liquors sold by the board. The tax herein imposed shall be
4collected by the board from the purchasers of the liquor from
5the board. The amount of such eighteen per centum so collected
6by the board, under the provisions of this act, shall be paid
7into the State Treasury, through the department, in the manner
8and within the times herein specified, and shall be credited [to
9the General Fund.] in a proportion of sixty-five per centum to 
10the Public School Employees' Retirement Fund and thirty-five per 
11centum to the State Employees' Retirement Fund to be used solely 
12to offset the current unfunded actuarial accrued liability of 
13each pension fund. At such time as either the Public School 
14Employees' Retirement Fund or the State Employees' Retirement 
15Fund has no unfunded actuarial accrued liability as certified by 
16an independent actuarial valuation, the proportion allocated to 
17that pension fund which has no unfunded actuarial accrued 
18liability shall be reallocated to the other pension fund. At 
19such time as the other pension fund has no unfunded actuarial 
20accrued liability as certified by an independent actuarial 
21valuation, the tax shall be credited to the General Fund.

22Section 2. This act shall take effect in 60 days.