Pennsylvania Act 1998-123 — CHILDREN'S TRUST FUND ACT - AMEND CHILDREN'S TRUST FUND BOARD

Act text

CHILDREN'S TRUST FUND ACT - AMEND CHILDREN'S TRUST FUND BOARD
                  Act of Dec. 3, 1998, P.L. 942, No. 123              Cl. 67
                             Session of 1998
                               No. 1998-123

     HB 1985

                                  AN ACT

     Amending the act of December 15, 1988 (P.L.1235, No.151),
        entitled "An act providing for the establishment of the
        Children's Trust Fund, for a governing board and for the
        powers and duties of the board; and prescribing the powers
        and duties of certain State agencies," adding a definition of
        "designee"; and providing for delegation of votes and for
        powers and duties of the Children's Trust Fund Board.

        The General Assembly of the Commonwealth of Pennsylvania
     hereby enacts as follows:

        Section 1.  Section 3 of the act of December 15, 1988
     (P.L.1235, No.151), known as the Children's Trust Fund Act, is
     amended by adding a definition to read:
      Section 3.  Definitions.
        The following words and phrases when used in this act shall
     have the meanings given to them in this section unless the
     context clearly indicates otherwise:
        * * *
        "Designee."  An individual who is not a member of the
     Children's Trust Fund Board and who is acting in the absence of
     and designated to represent the interests of a board member.
        * * *
        Section 2.  Section 4(d) of the act is amended to read:
      Section 4.  Children's Trust Fund Board.
        * * *
        (d)  Votes.--No public member of the board may delegate his
     vote. Legislative members may delegate votes to a designee
     acting on their behalf only after informing the chairman in
     writing.
        * * *
        Section 3.  Section 5(6) of the act, amended March 30, 1994
     (P.L.122, No.13), is amended to read:
      Section 5.  Powers and duties of board.
        The board has the following powers and duties:
            * * *
            (6)  Prepare and submit by May 1 each year an annual
        report [for] to the Governor and the General Assembly,
        including recommendations for legislative action and
        regulatory change when needed and appropriate.
            * * *
        Section 4.  This act shall take effect in 60 days.

     APPROVED--The 3rd day of December, A. D. 1998.

     THOMAS J. RIDGE