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§ 850.352. Special funds

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 73 P.S. Trade and CommerceEffective: November 27, 2019

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 73 P.S. Trade and Commerce (Refs & Annos)
Chapter 16E. Transit Revitalization Investment District Act
Chapter 3-a. Military Installation Remediation (Refs & Annos)
Effective: November 27, 2019
73 P.S. § 850.352
§ 850.352. Special funds
(a) Notice.--Following the approval of an application under section 301-A,1 a qualified authority shall notify the State Treasurer who shall create a special fund to be known as the Military Installation Remediation Fund.
(b) Establishment.--Upon receipt of notice under subsection (a), the State Treasurer shall establish for each qualified former military installation a restricted account within the special fund for the benefit of the qualified authority. Interest income derived from the investment of money in a restricted account shall be credited by the State Treasury to the restricted account.

Credits

2004, Dec. 8, P.L. 1801, No. 238, § 302-A, added 2019, Nov. 27, P.L. 695, No. 101, § 3, imd. effective.

Footnotes

73 P.S. § 850.351.
73 P.S. § 850.352, PA ST 73 P.S. § 850.352
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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