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§ 1503. Proceeds from sale or disposal of surplus supplies

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 62 Pa.C.S.A. Procurement

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 62 Pa.C.S.A. Procurement (Refs & Annos)
Part I. Commonwealth Procurement Code (Refs & Annos)
Chapter 15. Supply Management
62 Pa.C.S.A. § 1503
§ 1503. Proceeds from sale or disposal of surplus supplies
The proceeds from the sale, lease or disposal of surplus supplies by an executive or independent agency shall be paid into the State Treasury and deposited in the fund out of which the supplies sold were originally purchased by the appropriate credit to the then-current appropriation. The costs incurred by the department in advertising or selling the supplies shall be deducted from the purchase price, and that amount shall be an executively authorized augmentation to the appropriation from which the costs were paid by the department.

Credits

1998, May 15, P.L. 358, No. 57, § 1, effective in 180 days.
62 Pa.C.S.A. § 1503, PA ST 62 Pa.C.S.A. § 1503
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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