Pennsylvania Act 1983-47 — CAPITAL BUDGET 1983-1984 - FURNITURE AND EQUIPMENT

Act text

A SUPPLEMENT

To the act of July 11, 1983 (P.L.422, No.2A), entitled "An act providing for the capital budget for the fiscal year 1983-1984," itemizing furniture and equipment projects to be acquired by the Department of General Services, together with their estimated financial cost; authorizing the incurring of debt without the approval of the electors for the purpose of financing the projects to be acquired by the Department of General Services; stating the estimated useful life of the projects; and making an appropriation.

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

Section 1. Total authorization.

The total authorization for the additional capital projects consisting of the acquisition of movable furniture and equipment to complete public improvement projects itemized in section 2, purchased by the Department of General Services and to be financed by the incurring of debt, shall be $2,119,000.

Section 2. Itemization of furniture and equipment projects.

The additional capital projects in the category of public improvements, consisting of the acquisition of original movable furniture and equipment to complete public improvement projects, to be financed by the incurring of debt and to be purchased by the Department of General Services, are hereby itemized together with their estimated financial costs:

Compiler's Note: The Department of Public Welfare, referred to in this section, was redesignated as the Department of Human Services by Act 132 of 2014.

Compiler's Note: The Department of Environmental Resources, referred to in this section, was abolished by Act 18 of 1995. Its functions were transferred to the Department of Conservation and Natural Resources and the Department of Environmental Protection.

Section 3. Debt authorization.

The Governor, Auditor General and State Treasurer are hereby authorized and directed to borrow, from time to time, in addition to any authorization heretofore or hereafter enacted, on the credit of the Commonwealth, subject to the limitations provided in the current capital budget, money not exceeding, in the aggregate, the sum of $2,119,000 as may be found necessary to carry out the acquisition of original furniture and equipment projects specifically itemized in a capital budget.

Section 4. Issue of bonds.

The indebtedness herein authorized shall be incurred from time to time and shall be evidenced by one or more series of general obligation bonds of the Commonwealth in such aggregate principal amount for each series as the Governor, Auditor General and State Treasurer shall determine, but the latest stated maturity date shall not exceed the estimated useful life of the projects being financed as stated in section 5.

Section 5. Estimated useful life of projects.

The General Assembly states that the estimated useful life of the furniture and equipment projects heretofore itemized is ten years. The maximum term of the debt authorized to be incurred hereunder is ten years.

Section 6. Appropriation.

The net proceeds of the sale of the obligations herein authorized are hereby appropriated from the Capital Facilities Fund to the Department of General Services in the maximum amount of $2,119,000 to be used by it exclusively to defray the financial cost of the furniture and equipment projects specifically itemized in a capital budget. After reserving or paying the expenses of the sale of the obligation, the State Treasurer shall pay to the Department of General Services the moneys as required and certified by it to be legally due and payable.

Section 7. Federal funds.

In addition to those funds appropriated in section 6, all moneys received from the Federal Government for the projects specifically itemized herein are also hereby appropriated for these projects.

Section 8. Effective date.

This act shall take effect July 1, 1983 or, if enacted subsequently, immediately.