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§ 1726-I. Fund transfers

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: June 22, 2018

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVII-I. 2018-2019 Restrictions on Appropriations for Funds and Accounts (Refs & Annos)
Effective: June 22, 2018
72 P.S. § 1726-I
§ 1726-I. Fund transfers
Currentness
(a) Transfer to retirement system accounts.--From the funds received under the authority of Article III of the act of March 4, 1971 (P.L. 6, No. 2),1 known as the Tax Reform Code of 1971, the sum of $4,901,000 shall be transferred to the account established under section 1799.7-E and the sum of $5,200,000 shall be transferred to the account established under section 1799.8-E.
(b) Transfer to School Safety and Security Fund.--No later than September 1, 2018, the sum of $15,000,000 shall be transferred to the School Safety and Security Fund in the State Treasury from funds received under the authority of Article III of the Tax Reform Code of 1971.
(c) Transfer to Commonwealth Financing Authority.--
(1) From the First Industries Program account established under 64 Pa.C.S. § 1542 (relating to revolving loan program accounts), the sum of $5,000,000 shall be transferred to an account to be established in the Commonwealth Financing Authority for research and development, organic transition, value-added processing and marketing grants in support of Pennsylvania's dairy industry.
(2) Guidelines.--The authority shall adopt guidelines for the approval of applications under this subsection and shall ensure that grants are made available to all geographic areas of this Commonwealth.

Credits

1929, April 9, P.L. 343, No. 176, art. XVII-I, § 1726-I, added 2018, June 22, P.L. 281, No. 42, § 24, imd. effective.

Footnotes

1
72 P.S. § 7301 et seq.
72 P.S. § 1726-I, PA ST 72 P.S. § 1726-I
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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