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§ 1711-A. Transfer

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 11, 2022

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-a. Special Funds
Subarticle B. Underground Storage Tank Indemnification Fund (Refs & Annos)
Effective: July 11, 2022
72 P.S. § 1711-A
§ 1711-A. Transfer
(a) Transfer.--Notwithstanding section 704 of the act of July 6, 1989 (P.L. 169, No. 32),1 known as the Storage Tank and Spill Prevention Act, the Secretary of the Budget shall, by October 15, 2002, transfer the sum of $100,000,000 from the Underground Storage Tank Indemnification Fund to the General Fund.
(b) Repayment.--The sum transferred under this section shall be repaid to the Underground Storage Tank Indemnification Fund after June 30, 2004, and before July 1, 2029, plus interest.
(c) Annual payment amount.--An annual payment amount shall be included in the budget submission required pursuant to section 613 of the act of April 9, 1929 (P.L. 177, No. 175),2 known as The Administrative Code of 1929.
(d) Notice and expiration.--Upon determination by the Secretary of the Budget that the money transferred from the Underground Storage Tank Indemnification Fund under subsection (a) has been repaid to the Underground Storage Tank Indemnification Fund, the Secretary of the Budget shall transmit a notice to the Legislative Reference Bureau for publication in the Pennsylvania Bulletin. This subarticle shall expire upon publication of the notice under this subsection.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-A, § 1711-A, added 2002, June 29, P.L. 614, No. 91, § 18, imd. effective. Amended 2013, July 18, P.L. 574, No. 71, § 12, imd. effective; 2022, July 11, P.L. 540, No. 54, § 18, imd. effective.

Footnotes

35 P.S. § 6021.704.
71 P.S. § 233.
72 P.S. § 1711-A, PA ST 72 P.S. § 1711-A
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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