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§ 1608-E. Transfers and allocations

Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 72 P.S. Taxation and Fiscal AffairsEffective: July 13, 2016

Purdon's Pennsylvania Statutes and Consolidated Statutes
Title 72 P.S. Taxation and Fiscal Affairs
Chapter 1. The Fiscal Code (Refs & Annos)
Article XVI-E. Oil and Gas Wells
Subarticle a. Preliminary Provisions (Refs & Annos)
Effective: July 13, 2016
72 P.S. § 1608-E
§ 1608-E. Transfers and allocations
Currentness
(a) Environmental Stewardship Fund transfer.--Notwithstanding 58 Pa.C.S. § 2505(b)(1)(ii) (relating to funds), the amount transferred from the fund to the Marcellus Legacy Fund for distribution to the Environmental Stewardship Fund in fiscal year 2015-2016 and fiscal year 2016-2017 shall be $20,000,000.
(a.1) Hazardous Sites Cleanup Fund transfer.--Notwithstanding 58 Pa.C.S. § 2505(b)(2)(ii), the amount transferred from the fund to the Marcellus Legacy Fund for distribution to the Hazardous Sites Cleanup Fund in fiscal year 2016-2017 shall be $5,000,000.
(b) Allocation of appropriation.--Money appropriated from the Environmental Stewardship Fund under 27 Pa.C.S. § 6104(c) (relating to fund) in fiscal year 2015-2016 shall be allocated as follows:
(1) 23% to the department.
(2) 35.7% to the Department of Environmental Protection.
(3) 18.7% to the Department of Agriculture.
(4) 22.6% to the Pennsylvania Infrastructure Investment Authority.
(c) Debt payments.--Nothing in this section shall affect payments authorized under 27 Pa.C.S. § 6115 (relating to Commonwealth indebtedness).

Credits

1929, April 9, P.L. 343, No. 176, art. XVI-E, § 1608-E, added 2016, April 25, P.L. 168, No. 25, § 3, imd. effective. Amended 2016, July 13, P.L. 664, No. 85, § 9, imd. effective.
72 P.S. § 1608-E, PA ST 72 P.S. § 1608-E
Current through Act 13 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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