§ 9122. Public-Private Transportation Account
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 74 Pa.C.S.A. TransportationEffective: September 4, 2012
Effective: September 4, 2012
74 Pa.C.S.A. § 9122
§ 9122. Public-Private Transportation Account
(iii) Subject to the provisions of any public-private transportation partnership agreement under which the department is the proprietary public entity, monetary damages and other amounts for failure by a development entity to comply with the terms of the public-private transportation partnership agreement.
(iv) Subject to the provisions of any public-private transportation partnership agreement under which the department is the proprietary public entity, payments made from any insurance proceeds or reserve funds or performance or payment bonds in connection with a public-private transportation project.
(d) Amounts received.--The net proceeds received under a public-private transportation partnership agreement shall be available exclusively to provide funding for transportation needs in this Commonwealth. The use of the proceeds or other revenues from the public-private transportation project shall be in accord with Federal or State law restricting or limiting the use of revenue from the public-private transportation project based on its public funding.
Credits
2012, July 5, P.L. 853, No. 88, § 1, effective in 60 days [Sept. 4, 2012].
74 Pa.C.S.A. § 9122, PA ST 74 Pa.C.S.A. § 9122
Current through Act 10 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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