Pennsylvania Act 1933-29 (session 1) — TREASURER, STATE CUSTODIAN OF FUNDS

Act text

TREASURER, STATE CUSTODIAN OF FUNDS
        Act of Dec. 27, 1933, Special Session 1, P.L. 113, No. 29     Cl. 72
                      Special Session No. 1 of 1933
                               No. 1933-29

                                  AN ACT

     Authorizing the State Treasurer to act as custodian of moneys
        and securities contributed to or deposited with the
        Commonwealth, or officers, departments, boards or commissions
        of the Commonwealth; prescribing the manner in which such
        moneys or securities shall be held and disbursed or delivered
        up; and making an appropriation to the Treasury Department
        for the cost of administering such moneys and securities.

        Section 1.  State Treasurer as Custodian for Certain Moneys
     and Securities
        The State Treasurer may, if requested to do so, receive and
     act as custodian for any moneys or securities which may be
     contributed to or deposited with the Commonwealth, or any
     officer, department, board or commission of the Commonwealth, by
     the united states, or any agency thereof, or by any other
     person, persons, organization or corporation, for any designated
     special purpose. 1933, Sp. Sess.; Dec. 27, P.L. 113, Sec. 1.
        Section 2.  Disposition by Treasurer of Such Moneys and
     Securities
        If any such moneys or securities shall be contributed to or
     deposited with the Commonwealth directly, they shall be
     administered and paid out or used by the State Treasurer in
     accordance with the conditions prescribed by the donor or
     depositor. If such moneys or securities shall be contributed to
     or deposited with any officer, department, board or commission
     of the Commonwealth, the moneys shall be paid out and the
     securities delivered up by the State Treasurer as custodian, on
     requisition of such officer, department, board or commission,
     for the purposes for which any such contribution was made, or
     upon certification that the purposes of the deposit have been
     fulfilled. 1933, Sp. Sess.; Dec. 27, P.L. 113, Sec. 2.
        Section 3.  Custodial moneys not to become part of other
     funds
        Unless otherwise directed by the donor or depositor, moneys
     received by the State Treasurer as custodian under this act
     shall not become a part of the General Fund or of other funds of
     the Commonwealth, and no appropriation shall be necessary to
     permit their disbursement. 1933, Sp. Sess.; Dec. 27, P.L. 113,
     Sec. 3.
        Section 4.  Appropriation for administration expenses
        The sum of one hundred fifty thousand dollars ($150,000) is
     hereby appropriated to the Treasury Department for the payment
     of the salaries and compensation of employes of the department
     and the cost of materials and supplies necessary for the
     administration of moneys and securities so received by the State
     treasurer as custodian. It shall not be necessary for the
     Treasury Department to segregate the costs of administering such
     money and securities from the cost of other activities of the
     department, but the amount hereinabove appropriated shall be
     available for the payment of salaries and compensation by the
     department upon certification of the State Treasurer that
     expenditure of such amounts became necessary as the result of
     extra work required by this act. 1933, Sp. Sess; Dec. 27, P.L.
     113, Sec. 4.